Federal clean electricity regulations would add $35B in costs: Ontario

Ontario is facing $35 billion in additional costs by 2050 due to proposed electricity regulations, requiring the province to add twice as much new generation as planned, according to the Independent Electricity System Operator. Energy Minister Stephen Lecce has urged federal ministers to amend the rules, citing concerns about increased residential bills. The federal government is emphasizing affordability and investments in clean energy to mitigate impacts on ratepayers while building a reliable grid.

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