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Ontario reaps rewards from power exports

The export of public power has continues to generate big cash for Ontario's coffers this year. The Ministry of Energy reported Dec.

The export of public power has continues to generate big cash for Ontario's coffers this year.

The Ministry of Energy reported Dec. 8 that Ontario collected more than $16 million in November by exporting electricity to other states and provinces, bringing the total net export revenues for the year to nearly $264 million.

Ontario's transmission grid is connected to Manitoba, Quebec, New York, Michigan and Minnesota.

The ministry said since 2006, the electricity market has generated $1.8 billion through net exports compared to 2002 and 2003 when Ontario paid $900 million to import power.