Here's the official words from the government.
They didn't note the global adjustment was $110 million higher than it had ever been before in March - which would make $25 million appear to be insignificant.
The release takes credit for benchmarking studies, which I recollect as being demanded by the Ontario Energy Board, independent of meddling political intervention, years ago.
Ontario Merging Energy Agencies:
You could read the full release hereThe new agency would eliminate duplication and save ratepayers up to $25 million a year.It would allow for a more seamless and co-ordinated approach to planning as Ontario integrates new renewable energy projects into the grid and shuts down its last coal-fired plants by the end of 2014.
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