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Hydro Rates Going Up Again

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THUNDER BAY, ON ---  April 6, 2013 -----Today’s announced electricity rate hike effective May 1, 2013 is the latest Liberal Nipissing MPP Vic Fedeliassault on the pocketbooks of Ontarians, PC Energy Critic and Nipissing MPP Vic Fedeli charged.

“There is no doubt that expensive subsidies paid to wind and solar producers continue to drive up energy costs,” Fedeli said.

"The Auditor General has told us prices would increase 46% by 2015, and sadly today, we’ve seen more evidence they’re well on their way.” said Fedeli.

The Ontario Energy Board (OEB) released Regulated Price Plan (RPP) rates for hydro customers on both tiered and time-of-use (TOU) pricing today.

For consumers on TOU pricing, the OEB says the increase is $3.63 or about three per cent of the total monthly bill for a consumer using 800 kWh a month.  The on-peak price is rising 0.6 cents per kilowatt-hour (kWh) to 12.4 cents. For those on tiered pricing, rates are increasing 0.4 cents per kWh, with the rate for the higher tier now at 9.1 cents per kWh - more than double the 4.3 cents charged in 2003.

Fedeli also noted the McGuinty-Wynne Liberals' failed energy experiments have cost us hundreds of millions of dollars when surplus wind power replaces clean renewable waterpower or causes nuclear plants to shut down.

“When you do that, prices have nowhere to go but up."

The Ontario PCs believe affordable energy is the catalyst for economic growth, Fedeli added.

“Today we learned we lost 58,000 private sector jobs in this province last month, and can there be any wonder why,” said Fedeli.

“With higher hydro rates, new WSIB and College of Trades taxes on Ontario tradespeople, plus new tire taxes and eco-fees, the Liberals are crippling the ability of Ontario families to support our economy, and the ability of businesses to create jobs and attract investment,” he said.

“Ontario simply can’t afford the McGuinty-Wynne Liberals, period.”

According to Statistics Canada, the unemployment rate in the Thunder Bay area climbed to  6.3 per cent in March, which is up from 5.9 per cent in January.

Provincially, the unemployment rate remained steady at 7.7 per cent, while the national unemployment rate climbed to 7.2 per cent from seven per cent.

“Last month Ontario’s private sector lost 58,000 jobs and marked the 75th straight month that Ontario’s unemployment was above the national average,” said McNaughton. “Even with over half a million men and women looking for work.

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