Hydro One over the past few years has asked all Ontario Consumers to conserve on energy usage as this would diminish their generation costs substantially.
We have complied and have saved on our personal costs per household. As a result Hydro One therefore brings in less money. Their reaction therefore is to increase their prices to bring in the same money while delivering less product.
Hydro One gave $700 million in so called profit to the Government while saying rates had to be increased for upgrading the system. How can they have a profit and at the same time no money for upgrades. This makes no sense and is a scam and rip off on the consumer. The CEO's salary has been increased instead of decreased due to mismanagement of the Utility. No doubt because he gave the Government $700 million.
Why is Hydro One allowed to sell electricity to the U.S.A. at below market prices and gouge the Ontario consumer with high prices.
The Ontario Energy Board is not following its mandate to protect the Ontario consumer and not rubber stamp whatever Hydro One requests without proper investigation.
Please pass this on if you agree and everyone flood the Energy Board with complaints. We just might be able have changes made. If we do nothing, nothing will happen. Forget your MPP, they sit on their ass, do nothing and don't give a damn
The Ontario Energy Board number is
« Back to index