Ontario Power Generation (OPG) is seeking permission from the Ontario Energy Board to increase the price of its nuclear power by 11% per year for each of the next ten years. OPG wants to raise its price for nuclear power from 5.9 cents per kWh in 2016 to 16.8 cents per kWh in 2026. That means the rate in 2026 will be almost triple (2.8 times greater) today’s price. OPG’s proposed price increases are based on the assumption that its $12.8 billion Darlington Re-Build Project will be completed on time and on budget. Of course, every nuclear project in Ontario’s history has been massively over budget.