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Monday, November 27, 2017

Hydro Mergers Would Not Raise Bills In Goderich

Goderich | by Peter Jackson  

Goderich Hydro Board Member says potential merger will not affect local hydro rates.

The merger of Goderich Hydro with Erie Thames Power Lines won't add any extra charges to customers' electricity bills.

That's according to Goderich Hydro Board member Duncan Jewell, who recently brought Town Council up to speed on the progress of negotiations.

Jewell says there is a freeze on any charges relating exclusively to the merger for at least five years.

He mentions that in the case of some past combinations of electrical utilities, customers have not faced additional charges for 10 years.

Jewell points out that the bills of current Goderich Hydro customers would still see hikes approved by the Ontario Energy Board and the Independent Electricity Operator.

He says inflation would be another factor in Hydro bills increasing.

Jewell notes that none of the eight current Goderich Hydro employees will be affected by the move.

You will still be able to pay your Hydro bill at Town Hall for the first few months after the merger takes effect.

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