Hydro Bills Dropping, But...
Posted by Samantha Casais on 3/3/2017 5:13:00 AM.
Premier Kathleen Wynne confirmed yesterday that Ontario hydro consumers can expect to see their bills sink by as much as 25% this summer. The flip side however is that the revenue decreases will ultimately cost taxpayers billions of dollars down the road in increased interest payments. The Premier acknowledged that it will cost more over time, but added that it was a fair approach since it protects this generation from having to pay the freight for everyone before and after. Electricity bills have on average doubled province wide over the last decade.