ONTARIO ENERGY BOARD BALKS AT CALL FOR CLARITY ON HYDRO BILLS

Dec 12, 2016

By Michael Kramer

Share on
A thumbs-down from the Ontario Energy Board – which is rejecting a call from the province’s auditor general to clarify the so-called “global adjustment charge”  on electricity bills.

The charge is slapped onto your bill – to cover the gap between the guaranteed prices the Liberal government gave electricity generators – and the going market rates.

The “global adjustment” accounted for about 70 per cent of consumer rates in 2013.
Ontario auditor general Bonnie Lysyk wants hydro bills to separately disclose the nuts and bolts of  the electricity market price and the global adjustment – to provide greater transparency on electricity bills.

But the energy board is balking at that – and says breaking down the charges would likely create more confusion.

The board has also dismissed calls to add a line on natural gas bills – showing the cost of the Liberals’ cap-and-trade plan to fight climate change – which is expected to add $5 a month to home heating bills when it starts on the first of January.

Join Our Fan Club
Coverage Area
Downtown Toronto
96.7FM
Toronto HD
96.3 HD-2
Kingston to Windsor, Parry Sound to Pittsburgh
AM740
ZoomerRadio Logo

Recently Played: