Hydro One is requesting a rate increase for each of the next five years and public hearings are being held Wednesday in Sudbury.
MPP Vic Fedeli says he’ll be bringing the message from Nipissing residents to the session.
He wants to know who actually sets the rates.
“Everytime there’s bad news the government tells us it’s not them, it’s the Ontario Energy Board and everytime there’s good news, like this supposed fair hydro price, then the government tells us it’s them that sets the rates,” he says.
Fedeli says he wants to tell the board that because of skyrocketing hydro rates Ontarians are being forced to decide whether to heat or eat.
“I want to ask them why you think it’s fair to burden Ontario families with a rate increase and then pay your CEO of Hydro One $4.5-million a year,” he added.
By comparison, Fedeli says the CEO’s of Quebec and BC Hydro earn about $400,000.
If approved, a typical Hydro One residential customer would see monthly increases* of:
+$2.79 (2018)
+$2.47 (2019)
+$2.31 (2020)
+$1.95 (2021)
+$2.23 (2022)
*These amounts do not include any credits resulting from the Fair Hydro Act, 2017

Filed under: mpp-vic-fedeli, oeb-hearing