http://www.640toronto.com/2015/03/26...me-households/
Once again the middle class getting screwed. And no way will it only cost the rest of us a buck a month.
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http://www.640toronto.com/2015/03/26...me-households/
Once again the middle class getting screwed. And no way will it only cost the rest of us a buck a month.
It reminds me of a family member who was on welfare and had thousands in dental and his glasses covered. We had to pay out of pocket as part time or contractors but he had everything paid for.
I see now why those families when I was growing up just had tons of kids and sat on welfare.
The 'Debt Retirement' FINALLY (after almost a decade) charge comes off and we will see a price increase and have to subsidize 'others'.
Awesome.
Will it actually ever come off the bill?
"On April 23, 2014, the government announced that it is proposing to remove the DRC cost from residential users’ electricity bills after December 31, 2015. This would save a typical residential ratepayer about $70 per year. The DRC is to remain on all other electricity users’ bills until the residual stranded debt is retired — this has been estimated to occur by the end of 2018."
This if from the Ontario Ministry of Finance.
They have proposed to remove it, they have never said that they will remove it.
You got to be kidding...Like you said, who makes up this stuff
Hey, I was just parroting what I read over at 680News.
Quote:
The changes will be accompanied by the removal of the so-called“debt retirement charge“ which hydro users have been paying for a decade now. The government says it will save an average residence about $70 per year.
Debt retirement would of been history a long time ago if Mcguilty hadn't borrowed against it.
I know farmers who have done the same thing. Figuring in the cost of diesel fuel which they have delivered twice a month,they figure they're still lots of money ahead. I'm not technical enough to know the details of their system. I also have friends in Red Lake that power their entire operation by diesel generator and live completely off the grid. They've both thumbed their noses at Ontario Hydro for a long time,now,so it appears there's great merit to this approach.