Ontario has fastest-rising hydro prices in country: Study

TORONTO – Ontario has had the fastest-rising electricity prices and its city dwellers paid some of the highest hydro bills in Canada over the past decade, a new Fraser Institute report found.

This year, the Kathleen Wynne government launched its “Fair Hydro Plan” which promises to reduce residential hydro bills by an average of 25%.

Kenneth Green, co-author of Evaluating Electricity Price Growth in Ontario, said the provincial government has just covered up serious problems in the system by shifting the cost onto taxpayers and future hydro bills.