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Ontario hydro bills will rise in new year even after debt charge is eliminated

2015-12-31 11:26:39| Energy - Topix.net

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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