Tuesday, March 23, 2010

Province imposing levy on hydro bills

If you notice your Hydro rates increase in the near future its likely because of a new provincial levy. The McGuinty government is placing the levy to off set costs of the Green Energy Act. Northern Development Minister Michael Gravelle says while the levy will cost extra they are funding programs that can save you money.  Gravelle says the levy will add up to a 33 cent monthly increase for the average household and will also impact industrial users.  Meanwhile the Canadian Paper Workers Union is unhappy with the Levy.  National Rep Marvin Pupeza says this will compound the problems already facing the industry in Ontario.