Ontario will effectively establish two hydro rates at the beginning of next year — one for households earning $28,000 or less a year and one for everyone else. The cost of lowering the effective rate for those specified will be paid by the users in the upper tier at an average surcharge of 70 cents a month. This revelation was made Wednesday evening by CTV News which did not offer a source for the information. But the report was quite detailed. The plan will come into effect on January 1, 2016 CTV said. The number of households designated for the lower tier will receive a monthly decrease in their bill of $30 a month. According to CTV, the number of such families is judged by the government to be about 500,000. Monthly hydro charges vary throughout the South Bayview area but it is not uncommon for households to see bills of $450 to $500 a month. It’s estimated there may be as many as 5,000,000 households among the province’s 13,000,000 people.
