Hydro rates go up May 1, 2016 because you used less power during a mild winter. Such is the upside down logic of government thinking and you will hear in this CBC report DCeiran Bishop, manager of the Ontario Energy Board Rates and Prices say that “revenue” is the issue. The government needs money. The province has a $308 billion debt you know. It cost at least $10 billion a year just to carry it. When Hydro was created by Adam Beck in 1905 the committment was to “power at cost”.
