It’s cold comfort now, but running the air conditioner and other appliances will cost less starting next May when the Ontario government cuts evening power prices two hours earlier, at 7 p.m.
The change in rates for about one million Ontarians on smart meters and time-of-use pricing will be announced Tuesday by Energy Minister Brad Duguid as he sets out a new long-term energy plan, a senior government source told the Star.
It follows last week’s announcement from Premier Dalton McGuinty’s Liberals—under constant fire for rising hydro rates—that consumers will get a 10 per cent price break on their bills starting in January, about $153 for the average homeowner.
Click here for the full article