Hydro to stay in Town’s hands

Hydro to stay in Town’s hands

Posted in the Georgetown Forum

jake

North Bay, Canada

#1 Apr 11, 2013
tricky

North Bay, Canada

#2 Apr 11, 2013
Hydro electricity rate hikes shocking
Text size: Increase Decrease Reset Share via Email Print Report an Error Save to Mystar
Published on Wed Apr 10 2013
Explore This Story
Save to Mystar
Re: Consumer electricity rates to increase, April 6

Consumer electricity rates to increase, April 6

The Ontario Energy Board is not serving the public properly. Their rhetoric about conservation and responsible management of our energy usage are inconsistent with the rates that they have just approved for May 1. According to your article, they have approved rate increases for time-of-use customers as follows:

The increase for the off-peak rate rises from 6.3, to 6.7 cents per kWh. That’s a 6.349 per cent increase.
<bullet>The increase for the mid-peak rate rises from 9.9, to 10.4 cents per kWh. That’s only a 5.05 per cent increase.

<bullet>The increase for the on-peak rate rises from 11.8, to 12.4 cents per kWh. That’s only a 5.085 per cent increase. That means that the off-peak rate increase is 25.72 per cent more than the mid-peak rate increase.(6.349/5.05).

Apparently, anyone who is prudently trying to reduce their consumption to the off-peak time slots is being punished by the highest percentage increase in charges. That is simply wrong. Common sense would dictate that the highest increase should be levied on the on-peak time slots, and the smallest increase applied to the off-peak time slots.

The mid-peak time slot increase should be greater than the off-peak, but lower than the on-peak. It appears that the whole time-of-use metered billing is not as advertised; but another cash grab. What a surprise that is.

The Star article also says that the “global adjustment” is now higher than the market price. How ludicrous is that? A recent Star article suggested that day traders were largely responsible for that distortion. If the OEB were able to resolve that issue, it would be a far better service than penalizing us with distorted rate increases.

E.B. Baldwin, Tottenham

Energy minister Bob Chiarelli in defending the new price says,“The increase reflects catching up on previous energy infrastructure deficits and represents our significant investments to create a strong, reliable, clean energy system.”

A more honest answer would have been:“The increase represents the cost of bad management by the government by cancelling projects for political gain. You the consumer will pay.”

The consumer is again forced to pay for the bad decisions made by government. If the government had any conscience it would be truthful and accept responsibility.

How many more cover up statements is the public going to have to endure before this goverment is brought down and we hopefully elect politicians who govern for the people
tax waste

North Bay, Canada

#3 Apr 11, 2013
OEB

Brampton, Canada

#4 Apr 12, 2013
bone-headed-plan -to-sell

Pickering, Canada

#5 Nov 1, 2015

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Georgetown Discussions

Title Updated Last By Comments
News Forgotten war plaque finds home (Nov '11) 1 hr Shel 30
News New Halton drug strategy years in the making (Jun '14) 1 hr Pharmacare For All 9
News Shoppers Drug Mart donates to CAShh (Jan '13) 2 hr Loads of Cash 4 P... 11
News Fire calls: Feb. 11 - 17 (Feb '13) 3 hr 1 Gtown dead 7
News Halton Hills impaired driving offences summary 3 hr no white collar c... 4
News Senior Java Developer / Technical Lead (Jan '13) 12 hr Councils no care 30
News MPP fails to offer solutions (Jul '09) 21 hr sad state of affairs 28
More from around the web