July 2014 Update: OEB Schedules formal Hydro One rate hearings for September
During the recent Ontario Energy Board “Settlement Conferences” covering Seasonal and other rate issues, there was no agreement on the 40+ issues in front of the Board. The OEB has subsequently scheduled 13 days of formal hearings in September to rule on Hydro One’s 2015-19 Distribution Rates Application.
FOCA will be there, representing the interests of members in all the residential rate classes.
Of particular interest will be a number of proposed rate classification changes that will have a small number of “winners” and many more “losers” amongst Hydro One waterfront ratepayers.
One proposal in particular involves a major reclassification of Seasonal customers that – if adopted – would see low use customers’ bills rise by over 100%!
Stay tuned for more updates from FOCA.
