Smith said the document shows the average household electricity bill will jump almost $75 a month over the next 10 years, and that Ontario will be experiencing record high hydro rates again by 2024.
Hydro plan means record rates after 2018: MP Smith
Prince Edward Hastings MP Todd Smith says a leaked cabinet document reveals the Liberal government’s debt financing plan for Ontario hydro rates will send electricity bills skyrocketing after four years. "The plan also means the return of the Debt Retirement Charge – under a slightly different name, starting in 2025," said Smith. “When the government…
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