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Hamilton-based National Steel Car Ltd

Manufacturer launches challenge against power fee that has cost Ontarians billions


By News on the Net ——--September 25, 2017

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A Canadian manufacturer of railroad freight cars has launched a constitutional challenge aimed at the legitimacy of an Ontario energy fee estimated to have cost the province’s electricity customers $37 billion in less than a decade. The so-called global adjustment fees are at the heart of a lawsuit filed by Hamilton-based National Steel Car Ltd. against Ontario’s Ministry of the Attorney General, Minister of Energy and the province’s Independent Electricity System Operator (IESO), which manages the power grid and sets the rate that local electricity utilities use to charge customers. -- More...

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