Energy conservation programs in Ontario may cost much more than they’re worth

TORONTO—Ontario taxpayers and ratepayers have doled out billions of dollars in energy conservation subsidies over the decades with no verifiable evidence that conservation programs actually save consumers money, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

Demand-Side Mismanagement: How Conservation Became Waste examines energy conservation programs in Ontario such as smart metering, home retrofit rebates for insulation, caulking, etc., and subsidies for consumers who purchase energy-efficient appliances.

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