Ontario's Financial Accountability Office, which reports to provincial parliament and is independent of the government, concluded that at least for the refurbs:

> * The FAO estimates that the Plan will result in nuclear generation supplying a significant proportion of Ontario electricity demand from 2016 to 2064 at an average price of $80.7/MWh in 2017 dollars. (For reference, the 2017 Nuclear Price is $69/MWh and the current price of electricity for most residential and small business ratepayers is $114.9/MWh.)

> * The Nuclear Price will be higher than the average price of $80.7/MWh during the majority of the time that the reactors are being refurbished from 2016 to 2033. Post refurbishment, ratepayers will benefit from a lower than average Nuclear Price.

> * Overall, despite near-term Nuclear Price increases, the Plan is projected to provide ratepayers with a long-term supply of relatively low-cost, low emissions electricity.

> * OPG will realize a financial return from the operation of the DNGS and PNGS. OPG is owned by the Province and any return would improve the Province’s fiscal position. There is no significant fiscal impact to the Province from the refurbishment of reactors at the BNGS as it is operated by Bruce Power, a private sector organization.

* https://fao-on.org/wp-content/uploads/2024/08/Nuclear-Refurb...

I was not able to find a similar report (pro or con) for new build, though I think the current plan with some SMRs in Ontario is dumb: if we decide on more nuclear, we should stick with big(ger) CANDU, as there's little point in small reactors in a large grid like Ontario.

Renewable programs have also cost Ontario ratepayers quite a bit of money, for not a lot of electricity generated:

* https://ospe.on.ca/advocacy/green-energy-contracts-fao-repor...