Friday, November 17, 2017

HYDRO ONE SEEKS RATE HIKE

Hydro One has applied for a rate increase in order to keep the power system stable, its president and CEO said Thursday.
Speaking after delivering remarks to the Empire Club, Mayo Schmidt spoke about the application that’s currently before the Ontario Energy Board, which seeks to increase rates by 0.5 per cent this year and 4.8 per cent next year.

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