Hydro One may be coming back into public hands.
Today, Ontario NDP leader Andrea Horwath will initiate debate on a motion that will force the NDP, Progressive Conservatives and Liberals in Queen’s Park to vote on whether Ontario will keep Hydro One privatized, or start the process to make the utility a publicly owned company once again.
“The effects of privatization are now evident,” said Horwath. “Sky-high hydro bills. Applications to hike prices even more. A plan to raise rates for 21 remote and largely First Nations communities. Spending billions to merge with an American coal-burning company. And, now, a proposal to install pre-pay meters in Ontario. That’s what privatization looks like. Today, I’ll put a motion forward to start undoing that damage and start heading back towards a public hydro system, so Ontario has control and affordability once again,” she said.
Hydro One recently filed a large application to the Ontario Energy Board, that included potential rate increases across the province, the proposed re-introduction of pre-payment hydro meters, as well as a rate increase for those living in remote, northwestern Ontario communities.
Horwath’s hydro plan, released in February, aims to end mandatory time-of-use pricing; ban unfair rural, remote and First Nations delivery rates; bring Hydro One back into public hands and substantially lower electricity bills for residents and businesses.
For more information:
Pre-payment meters a ‘risk’, NDP