Give And Take When It Comes To Hydro In Ontario

The Ontario government has announced a hydro electricity rebate for low-income households meaning savings , but others will see their bills rise.
The province says the financial assistance program will come into effect Jan. 1, 2016 along with the removal of the “debt retirement charge” users have been paying for 10 years, roughly $5.60 a month.
A family of four with a household income of $28,000, for example, may now save up to $38 per month on their bill.
However, hydro bills will reportedly rise for those households with combined incomes that are higher to help fund the new program.
Meanwhile, the Ontario Clean Energy Rebate also expires at the end of the year which has been bringing down the residential hydro bills by 10%
This means average households are now expected to see their bills rise by $120 a year in 2016.