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Friday, March 3, 2017

Bruce County Warden Pleased With Hydro Rate Cuts

Bruce County | by John Divinski  

Bruce County's Warden is not surprised by provincial hydro rate cuts announcement.

Huron Kinloss Mayor and Bruce County Warden Mitch Twolan was not surprised with the announcement hydro rates were being cut.
Twolan was referring to the announcement Thursday by Ontario Premier Kathleen Wynne, that hydro rates will be cut an average of 25% on residential bills.
Wynne pointed out the cut will be even greater for those living in rural communities and living on low incomes.
He says "There's been a lot of pressure on utilities and the province to bring the rates down."
Twolan says there has been some people in Bruce County who have had a tough time paying their monthly energy bill and he hopes this alleviates some of the pain.
Twolan also noted the provincial Liberals have an all-time low approval rating and with hydro rates being the number one concern of consumers, it was inevitable that something would be done to address both issues.
Brockton Mayor Dave Inglis, echoed the Warden's comments.
However he says we're putting the burden on future generations.
He says "The only difficulty is that the debt is being transferred down the road a few years for others to pay as well."
Inglis says though, Ontario residents need the relief now and it was necessary to do something.
The restructuring is expected to cost the province an estimated $2.5 billion dollars over the next three years.
Wynne said Thursday, the rates are locked in for four years, going up only to cover inflation costs.

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