A Clean Bill - Making the switch to clean energy cuts carbon and cost from household energy bills
Coherent Identifier 20.500.12592/7k49rv

A Clean Bill - Making the switch to clean energy cuts carbon and cost from household energy bills

26 September 2023

Summary

To illustrate the financial implications of various energy-related changes, we calculated the monthly energy bills of two sets of hypothetical neighbours, the first in detached houses and the second in condos. [...] The clean energy family was able to save nearly $10,000 per year 6 Clean Energy Canada / A Clean Bill The three condos These neighbours each own a similar 1,000-square- But by far the biggest winner was the household that foot condo in twenty-unit buildings in the Toronto area. [...] In fact, the provinces with the lowest power our lives with clean electricity instead of fossil fuels is proportion of fossil fuels in the electricity mix (like Quebec, the mainstay of our future energy system. [...] 26 Clean Energy Canada / A CPilveoatna lB Milloment Methodology The total cost of ownership for the vehicles shown in • A carbon price of $65 per tonne in 2023 that rises this report was calculated using the Fleet Procurement in line with the schedule announced in the federal Analysis Tool by Atlas Public Policy.94 The vehicles were government’s climate plan of December 2020.99 selected based on t. [...] The household comparison is based on the following • Climate Action Incentive Payment based on the data and assumptions: quarterly amounts for an Ontario family of four • Baseline electricity bill based on Statistics Canada’s (without the rural supplement) for the single-detached 2019 Survey on Household Spending and calculated homes, and for a household of two for the condos, as average for Ontar.

Pages
36
Published in
Canada