Bruce Power says they continue to produce one of the lowest cost sources of clean electricity in Ontario.
Bruce Power Vice President Commercial Services Richard Horrobin says they reliably supply about a third of Ontario's power at 30 per cent less than the average residential price of power.
The estimated price paid to each energy source per megawatt hour in the first six months of the year ranged from 424. for solar, $213 for natural gas, $122 for wind, and $66 for Bruce power nuclear.
This has led to an estimated average residential price for electricity of $110/MWh.
He adds thousands of Ontarians employed in the province in connection to Bruce Power help the province meet climate change goals in an affordable way.
Aside from its financial benefits, Bruce Power points to its positive impact on Ontario’s economy, investing between $3 and $4 billion annually through direct and indirect spending on operational equipment, supplies, materials and labour income. The operation of the Bruce site also creates 18,000 direct and indirect jobs across Ontario each year.
“A healthy nuclear industry, including a strong Bruce Power, is of great benefit to the people of Ontario, whether it’s through the large amounts of low-cost electricity we provide or our positive economic impact,” Horrobin added.
