IESO

Decarbonizing Ontario’s electricity system is going to cost about $400 billion over the next two and a half decades and require a “no regrets” kind of attitude to get there, according to the province’s grid operator.

Premier Doug Ford's Progressive Conservative government said on Thursday it will reform Ontario's electricity system in a bid to reduce costs overall and lower rates for businesses, a move critics say limits the most efficient way to save money in the power grid and threatens thousands of clean energy jobs.