Where is Ontario getting money for the deficit? Out of your pocket

Ottawa Wind Concerns

New rate increase removes $635 million from electricity customers’ pockets

Ontario now has highest electricity bills in Canada

Ontario’s Minister of Energy Bob Chiarelli in a press release of March 26, 2015 announced the end of the Debt Retirement Charge December 31, 2015. In the “Quick Facts” of the release stated: “Removing the Debt Retirement Charge will save the typical residential electricity ratepayer $5.60 per month.

Less than a month later the Ontario Energy Board (OEB) issued their semi-annual rate setting letter for the upcoming six months of May 1st to November 30th; it was full of continuing bad news for households and small businesses.   The OEB told us effective May 1st, our electricity bill would increase $5.71 a month.  So much for that savings of $5.60 a month!

Written to assuage the reader, the OEB’s letter pretends to be what it isn’t.  Rates…

View original post 440 more words

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s