Energy Minister Greg Rickford says relief is on its way for hydro customers.
"We're hoping as early as this spring to start delivering on the substantial portion of the 12 per cent cut that we campaigned on," he said Friday in Kenora.
Ontario's Tory government campaigned on a promise to cut the cost of living, including utility bills.
In 2017, the province's auditor general, Bonnie Lysyk, said ratepayers would actually spend close to $40 billion over 30 years for the 25 per cent rate cut announced by the previous Liberal government under Kathleen Wynne. In her report, Lysyk noted a complex financing scheme added $4 billion to the price tag.
Since winning the provincial election last June, Rickford said his government has worked at changing the leadership at Hydro One, as well as cancelling green energy contracts.
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