Thursday, December 31, 2015

MORE SHOCKS COMING IN ONTARIO HYDRO BILLS

Ontario residents can brace for another hike in electricity bills on Jan. 1.
The increase comes on the heels of a jump just two months ago, and hydro bills will rise again after the Liberals introduce a cap-and-trade plan in the spring.
Under the Liberal government, electricity prices in Ontario soared from a flat 4.7 cents a kilowatt hour in 2004, to the Nov. 1, 2015 rate of 17.5 cents a kwh at peak times, increases that total almost 375 per cent.
 
 

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