Ontario cancels plans for more green energy citing strong electricity supply

Ontario's Liberal government took steps to take some pressure off of rising electricity rates, cancelling plans to sign contracts for up to 1,000 megawatts of power from solar, wind and other renewable energy sources. Energy Minister Glenn Thibeault said the move will save up to $3.8 billion of the costs projected in the 2013 long-term energy plan, and will keep about $2.45 a month from being added to hydro bills for homeowners and small businesses. The Independent Electricity System Operator's planning outlook determined Ontario has a "a strong supply of clean power" for the next decade, added Thibeault.