I’ve found an interesting read relating to hydro electricity in Ontario. The article says that there is an unlikely increase in consumer electricity rate due to the shift of large industrial electricity users to time-of-use pricing. Energy Minister Brad Duguid added that they give importance to renewable energy that will benefit not only the consumers but the environment as well. These changes will make large electricity users more competitive. It was also mentioned in the article that the maximum increase in electricity for a typical household should only be $1.65 per month. To read this article in it's entirety click here.
It’s just funny how electricity rates can be lowered when there exists a new tax system in Ontario (HST). Many readers of this article say that they have experienced an abrupt change in their electricity rates because of the HST. Many find this article contradicting to what the truth is. I found it quite interesting reading the reader’s comments section of this article, maybe you will too!
Until next time,
Jamie
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