Happy new hydro rates

Happy new hydro rates

Seasonal customers, as a class, are receiving a reduction in the distribution costs portion of their bills, thanks in part to the efforts of the great team at the Federation of Ontario Cottagers’ Associations. FOCA participated in “Settlement Conferences” held last fall by the Ontario Energy Board and presented the case for reduced seasonal rates. The OEB had already decided that HO had been overcharging these customers for their electricity, that the utility was “outside of the regulated limits which specify that the revenues from customers should (roughly) equal the cost of serving them,” as FOCA put it in a recent update. Few cottagers who deal with Hydro One would argue with that assessment.

Read the full article 
http://bit.ly/TPWFkV  Cottage Life

Good News and a thank you to FOCA for helping present this to the OEB