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Published on Apr 27, 2: To take the heat off, the Liberals cut prices through their Fair Hydro Plan. The NDP say they would axe that plan. Some of the blame for the skyrocketing prices lies with the expensive contracts the Liberals signed that created an oversupply in the markets.
Auditor General Bonnie Lysyk has estimated Ontarians paid millions more than necessary for electricity.
But when the Liberals came to government they were also handed an electricity system on the brink of collapse.
University of Waterloo Professor Jatin Nathwani says a decade-long rate-freeze starting in the s meant necessary upgrades and investments were passed over year after year. The result was an unreliable system, prone to brown outs.
We are not in a crisis situation and we have to pay for that investment over time.
Ontario has among the highest electricity prices in Canada— after P. Ending rural delivery rate charges The NDP say they would create a flat delivery rate for all ratepayers.
Currently people in densely populated urban areas where it costs less to deliver electricity also pay less than rural residents. So the party says it will cost less than previously expected to close the discrepancy between rural and urban charges.
The plan expects the loss in revenue to be swallowed by the OEFC paying the debt off over a longer period of time, which then also costs more in interest charges.
But Nathwani says that is not as bad as the average person might think.Put Dr. Linda J. Cox in Google Business Plan options • Convince others to fund your business • Serve as an operating guide. 2 Business Plan Outline • Coversheet • Executive Summary • Table of Contents • Business Description • Production Putting Together a .
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