Don’t let McGuinty buy your vote with a fictional 10% discount on hydro

Ontarians may be experiencing the highest electricity rates in North America


Premier Dalton McGuinty says hydro will go up 46% more in the next 5 years. Currently I pay 6.4 cents a kilowatt but next week I go on Time of Use (TOU) so my peak price becomes 9.9 cents a kilowatt which now become a 35% increase per kilowatt right there then add his 46% increase on top of that it now becomes up to a 81% increase on those hours. Do the same with mid peak prices then I go from 6.4 cents a kilowatt to 8.1 cents a kilowatt for roughly a 20% increase then you add 46% on top of that and now I got up to a 66% increase on those hours. And I will get a 46% increase at the low peak price at 5.1 cents a kilowatt so my guess is my bill will rise 65-70% not the 46% McGuinty says.
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