Electricity Prices to Increase
Environment Minister Steven Guilbeault recently stated that to achieve the Liberal Government’s goals of becoming “Net Zero” by 2035, his government is going to phase out majority of the use of fossil fuels generating electricity which he says will raise costs of electricity for Canadians, but it would be offset by a reduction in oil and gas usage. The objective is for this plan to be adopted within 75 days with a finalized version ready for the start of the new year.
It is estimated that the national average of household electricity bills will increase between $35 to $61 per year once these new rules are in place. The increase would also depend on the homeowner dependency on fossil fuels. The projected increases were not taken very well by the general population. In fact, electricity prices in Canada increased 11.7% in July on an annual basis while they increased 5.8% in June.
The proposed regulations are projected to reduce greenhouse gas emissions by about 342 megatons from 2024 to 2050. Minister Guilbeault explained that by implementing these changes, it will ensure polluting power plants will be “phased down” while keeping them running where there is the greatest affordability and reliability. Ministers in provinces with volatile electricity prices such as Alberta believe that this isn’t a feasible goal as they rely heavily on the use of fossil fuels.
With electricity prices going up, we are reminded that there are other ways to power your house. The Anorra wind turbines is one way you can provide electricity to your house, cottage, or tiny home, become less reliant on the electrical grid and less impacted by the price increase. The link below will help you identify the appliances that can be powered by the Anorra Wind turbines based on the wind speed at your location.