Parker Gallant Energy Perspectives
Glaring omissions from the OEB about the “Fair Hydro Plan”
Hydro One’s “low-density” customers pay more —way more
The June 22, 2017 news release from the Ontario Energy Board tells Ontario ratepayers about the wonders of the “Fair Hydro Plan” and how much rates would have increased without it.
But other related information on the OEB website discloses cherry-picked data and, on examination, reveals shortcomings. One small example is a chart comparing Ontario residential rates with other cities in Canada and the U.S. San Francisco is at the top; Hydro One low-density in fourth place; and Toronto Hydro is in sixth place. The lowest five cities on the chart are all Canadian cities including Montreal; comparing their cost of electricity shows Hydro One’s (low density) costs are 232% higher!
The average monthly cost for U.S. cities are converted into Canadian dollars at $1.3046, pushing them up the scale to…
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