January 13, 2012

Toronto Hydro's Threat: Cash Now or Lights Off!

Matt Gurney, National Post


www.aishcampus.ca

Last week, the Ontario Energy Board denied Toronto Hydro’s request for a rate hike for homes within the city limits. The hike, which would have meant a monthly increase of five dollars for a typical household, was necessary, Toronto Hydro said, to renew the city’s electrical transmission grid. Failure to do so, they warned, could result in more, and longer, blackouts. . .

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TAGGED: Electric Generation, Electricity, National Post, Hydroelectric Power, Canada, Toronto Hydro

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