Energy Minister Greg Rickford says the province is working on reducing hydro bills.
"Cutting them by 12 per cent, not subsidizing them, which had been the practice of the previous government. It was just a football game, where you punted the debt out to future generations, and that's just unacceptable," he said.
According to the province's auditor-general, hydro rate cuts announced by the Liberal government last year will end up costing more than $1 billion dollars a year. Bonnie Lysyk says ratepayers will actually spend close to $40 billion over 30 years for the 25 per cent rate cut announced in 2017. She noted the complex financing scheme added $4 billion to the price tag.
Rickford notes the CEO and board of Hydro One has already been replaced.
Making the cost of living in the province more affordable is a key mandate for the provincial government at Queen's Park.
The minister responsible for energy is also the member for Kenora-Rainy River.
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