The plan would keep electricity rates at or below the rate of inflation over the next four years, but government officials said they can't predict the size of the electricity rate increases after that period.
Hydro rates to drop 17%, but Ontarians will pay for it later
Residential and small business hydro bills in Ontario will drop by 17 per cent on average this summer under a new plan released Thursday by Premier Kathleen Wynne. The plan will lift billions of dollars in costs off customers this year, and load them onto future hydro bills and taxpayers.
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