Sentences with phrase «per cent subsidy»

It might be more realistic politically to think of providing a 50 per cent subsidy for 400 000 systems.
«One is in a sense offering a 50 per cent subsidy
He said that the council approved the procurement of 50 units of tractors at the cost N13.9 million per tractor, noting that interested farmers will pay 40 per cent of the unit price of the tractor before collection and government will pay 60 per cent subsidy per tractor.

Not exact matches

Responding to Tory charges that the NDP's proposed cap - and - trade system would wind up raising gas prices by 10 cents per litre, Jack Layton blamed Stephen Harper «s subsidies to big oil companies and support for the harmonized sales tax in Ontario for higher gas prices.
The bonus subsidies paid to employers of mature aged apprentices was cut by 11 per cent to 1,300.
The fund had managed to reduce expenditure by cutting the number of payments made to subsidise apprenticeships; it paid out 5,199 subsidies to employers of apprentices, down 6 per cent.
The fund relies on a 0.2 per cent levy paid on building projects for income, which it then uses to fund subsidies for apprentices.
That helped keep subsidies down and boosted operating income by 34 per cent to $ 6.4 billion.
In Indonesia, which ended gasoline subsidies in 2015 and lowered the diesel subsidy to 500 rupiah (3.6 U.S. cents) per litre in 2016, retail prices also haven't risen by as much as the price of crude oil.
Ending public subsidies would roughly cut overall party funding by 42 per cent for the Liberals, 56 per cent for the NDP, the Greens by 61 per cent and a whopping 77 per cent for the Bloc.
The Institute claims that subsidies to Crown corporations have increased by 50 per cent since 2006 - 07 and propose, that to improve efficiencies, these subsidies should be reduced by 10 per cent from current levels.
Currently this subsidy would be one per cent or higher depending on the province.
According to Progress Alberta's research, of the five Canadian provinces that subsidize private schools — the others are B.C., Saskatchewan, Manitoba and Quebec — Alberta's subsidy of 70 per cent of the amount paid per public and Catholic school student is the highest in the country.
Many of them were supported by Hydro Ottawa's Save on Energy Retrofit Program, which offers subsidies of up to 50 per cent toward project costs for businesses making the switch to greener equipment.
Many co-ops rely on federal subsidies to ensure that members pay no more than 30 per cent of their income towards housing costs.
Virtually all programs — 94 per cent — report that they receive some subsidy from the host church.
Most of it would come from rolling back corporate subsidies and the George W. Bush tax cuts, taxing employer - based health benefits that exceed the average plan, and imposing a hefty (60 cents per gallon) gasoline tax.
The subsidy is only for financial year 2016, so in 2017 the price will be between $ 4.75 and $ 5, a big relief for rival milk producers such as Bega, which had its stock rally more than 3 per cent on expectations of a more rational milk market.
At the time, about seven million children came to be covered by the program, and the federally provided subsidy per lunch was about 9 cents.
Reports have it that the Nigerian National Petroleum Corporation, now responsible for about 90 per cent of the importation of the product, is currently bearing the latest subsidy cost on behalf of the government.
US$ 198m is equivalent to only 6.5 per cent of what Brazil already invests in agricultural subsidies and less than 0.01 per cent of the country's annual GDP.
These methods «contribute only around one per cent of the EU's total catch, yet suck up millions of euros in subsidies, destroy large areas of fragile sea - floor and overfish many deep - sea species,» Greenpeace fisheries expert Saskia Richartz said in the statement.
The Chinese government is set on boot - strapping its car industry into the electric age with tax breaks, research subsidies and a ruling that by 2020, 12 per cent of all vehicles sold in the country must be electric.
Key to the deal is the generous tax break subsidies offered by the Quebec government, which offers studios a 40 per cent discount on production costs.
The ridges surrounding our little desert metropolis display something on the order of 400 1 megawatt wind turbines, built primarily by private capitol with the incentive of a 1.5 cent per kwhour subsidy for wind power (which is about how close wind power is to being competitive with coal and nuclear power at this time).
Despite billions of pounds in investment and subsidies, Britain's wind - turbine fleet was producing a feeble 2.43 per cent of its own capacity — and little more than 0.2 per cent of the nation's electricity in the coldest month since records began.
Even with hundreds of million dollars in government subsidies, the off - shore wind farm would still have charged 26.4 cents per kilowatt hour in 2023.
According to an article in today's New York Times, even without subsidies, wind power is often cheaper (as low as 3.7 cents per kWh) than coal (low of 6.6 cents per kWh) or natural gas (low of 6.1 cents per kWh).
$ 630B divided by that many watt - hours equals 0.63 cents of subsidies per KwH.
All of Germany's subsidies and support for green energy have sharply increased power prices, with the average German paying 39 cents per kilowatt - hour for electricity.
DOE's own Energy Information Administration (EIA) estimates a five - year - out (2022) cost of utility - scale solar photovoltaic of 7.37 cents per kilowatt hour (2016 dollars)-- and 5.81 cents per kilowatt hour after applying the Investment Tax Credit subsidy.
Research estimates suggest that removing all fossil fuel subsidies would decrease global carbon emissions anywhere between 6.4 — 8.2 per cent by 2050.
According to the Wikipedia article on wind power generation in Iowa, the industry is subsidized by a one cent per KwH tax credit, plus property and sales tax breaks for generation facilities and equipment, plus unenumerated but presumably meaningful support by taxpayers of other states in the form of federal subsidies.
Nuclear power has multiple subsidies in the form of: - direct payments for new nuclear plants of 2.3 cents per kWh generated for the first ten years (in the US), — this is US$ 2 billion for a 1000 MW plant after ten years operation, - complete indemnity under the Price - Anderson Act for harm caused by a radiation release (above a modest insured amount), - changes to safety regulations to allow continued operation, - new plant construction loan guarantees, - direct subsidies for existing plants to keep operating as a jobs - protection program, and others.
The Trump decision to permit year - round 15 - per - cent blends may be a shell game of another kind, since it's expected to be coupled with a transfer of ethanol subsidies from U.S. domestic consumption to exports, a move that could decimate ethanol use in the U.S..
Even if we consider transition charges from 1998 to 2006 to be subsidies for Illinois nuclear plants rather than partial compensation for stranded costs imposed by deregulation — a doubtful interpretation — they cost just 0.7 cents per kilowatt - hour, a fraction of the total subsidies wind and solar receive.
In the 2014 - 2015 procurement year, ComEd and Ameren paid a subsidy of about 1.15 cents per kwh for Renewable Energy Certificates under the RPS law;
This year, the subsidy is 20 percent less than its level last year of 2.3 cents per kilowatt - hour.
To accelerate consumer uptake, in June the government approved Feed - In Tariff (FiT) subsidies under which utilities will pay 42yen (53 U.S. cents) per kWh for solar - generated electricity, double the tariff offered in Germany and more than three times that paid in China.
In the summer of 2016, OSPE submitted an advisory document to the Minister of Energy and all three major political parties detailing 21 actionable recommendations that would deliver efficiencies and savings, including reducing residential and commercial rates by approximately 25 per cent, without the creation of the subsidy and deferral account under the Ontario Fair Hydro Act.
«At the initial ZEC maximum of $ 17.48 per MWh, the subsidy for upstate plants would raise electricity rates by about 0.32 cents per kilowatt - hour state - wide, an increase of 1.8 percent for residential rate - payers and 5.4 percent for large industrial customers.
Scotland currently gets 28 per cent of the UK's renewable electricity subsidy, despite only providing 10 per cent of electricity sales.
Gerard cited calculations by the federal government's Energy Information Administration that found the subsidies for solar energy totaling about $ 2.82 per million British thermal units, compared with $ 1.35 for refined coal and 3 cents for natural gas and petroleum.
At the initial ZEC maximum of $ 17.48 per MWh, the subsidy for upstate plants would raise electricity rates by about 0.32 cents per kilowatt - hour state - wide, an increase of just 1.8 percent for residential rate - payers and 5.4 percent for large industrial customers.
In 2013/14, these renewable energy subsidies added between 3 to 9 per cent to the average household bill and up to 20 per cent for some industrial users.
Renewable source generation costs 26 cents per kilowatt - hour, and it receives subsidies of 4 cents per kilowatt - hour from the taxpayers.»
And the fuel is much cheaper, because the shipping cost of locally made ethanol is much lower, and because part of the 51 cent per gallon ethanol blending subsidy is being passed on to consumers.
As production has increased and the subsidy has followed, rising from 8 billion euros in 2010 to 24 billion euros in 2014, the levy has also risen accordingly, tripling from 2.05 eurocents (2 cents) per kilowatt - hour in 2010 to 6.24 eurocents in 2014.
The team figures those turbines will be able to produce electricity at 10 cents per kilowatt - hour without subsidies, meeting a 2020 goal of the DOE.
Nuclear subsidies are estimated to be at least 0.7 cents per kilowatt - hour (kWh).
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