Jul 20, 2017
By Valerie Massie
A new report from the Fraser Institute reveals Toronto has the highest hydro rates across Canada, and that electricity prices in Ontario have increased twice as fast as the national average over the past decade, with the average Toronto residential hydro bill $60 more per month than the national average. The study attributes the Ontario government’s phasing out of coal energy and poorly structured long-term renewable energy generation contracts. We speak with environmental consultant on electricity policy and regulation, Tom Adams to get his take on this.