Tuesday, February 22, 2011

Electricity Rates Going Up

2/22/2011 (courtesy AM640 News) Toronto Utilities got the green light to raise rates to cover $18 million in legal costs related to charging too much interest on late payments.
The Ontario Energy Board says to deny them the right to recover the cash would be a detriment to shareholders - namely the cities where they operate.
Ontario Power Generation has asked for a 6.2 percent rate hike as of march 1st. 


Asif Khan, Realtor
Re/Max All-Stars Realty Inc.

Posted via email from Markham Real Estate Today with Asif Khan

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