Rates will be cut 12% says Ford.
Ontario PC Leader Doug Ford says he will reduce Hydro rates by 12%.
The rate cut will be in addition to the 25% cut made by the Wynne government.
According to the CP, “The Tory plan would see the government give ratepayers the dividends it gets from its share of the partially privatized Hydro One.”
In a series of statements, Ford gave details of the plan on Twitter:
“After fifteen years of the Wynne Liberals letting hydro insiders and executives get rich off the people’s hydro bills, it is time for change. My friends, relief is on its way. I am going to put more money in your pocket, and this is how I am going to do it.”
After fifteen years of the Wynne Liberals letting hydro insiders and executives get rich off the people’s hydro bills, it is time for change. My friends, relief is on its way. I am going to put more money in your pocket, and this is how I am going to do it.
— Doug Ford (@fordnation) April 27, 2018
“The FIRST thing we’re going to do is return all Hydro One dividends to Ontario families, lowering your hydro bill. That money should be in your pocket, not the government’s.”
The FIRST thing we’re going to do is return all Hydro One dividends to Ontario families, lowering your hydro bill. That money should be in your pocket, not the government's.
— Doug Ford (@fordnation) April 27, 2018
“The SECOND thing we’re going to do is stop the Liberal practice of burying the price tag for conservation programs on your hydro bills.”
The SECOND thing we’re going to do is stop the Liberal practice of burying the price tag for conservation programs on your hydro bills.
— Doug Ford (@fordnation) April 27, 2018
“The THIRD thing we’re going to do is cancel Liberal energy projects that are in the pre-construction phase. We will also begin re-negotiating other energy contracts and declare a moratorium on new energy contracts.”
The THIRD thing we’re going to do is cancel Liberal energy projects that are in the pre-construction phase. We will also begin re-negotiating other energy contracts and declare a moratorium on new energy contracts.
— Doug Ford (@fordnation) April 27, 2018
“Together these three measures will save an average family $173 per year on their hydro bills. That’s 12% savings — on the average family’s hydro bill. Change is coming and relief is on its way for the people!”
Together these three measures will save an average family $173 per year on their hydro bills. That’s 12% savings — on the average family’s hydro bill. Change is coming and relief is on its way for the people! #onpoli #pcpo
— Doug Ford (@fordnation) April 27, 2018
Spencer Fernando
Photo – Twitter
