“Hamilton hydro bills going up about $6 a month ”

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Hamilton hydro bills going up about $6 a month

3 e+ q8 B2 U% `3 y5 p( W. ~HYDRO. Horizon Utilities Corporation says the Ontario Energy Board has approved a request to increase rates so that the company can make needed reinvestments to the electrical distribution system, such as wires and poles as well as technology and people that support the system infrastructure. The Hamilton Spectator Source: The Hamilton Spectator
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The Hamilton Spectator - August 10, 2011
5 N2 x# a% z$ n- @3 CHamilton hydro bills are going up about $6 a month for typical residential customers.

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Horizon Utilities Corporation says the Ontario Energy Board has approved a request to increase rates so that the company can make needed reinvestments to the electrical distribution system, such as wires and poles as well as technology and people that support the system infrastructure.
; \: a. B9 L8 e; A( C快译 据哈密尔顿市地方电力说, 安省能源局已经批准了 “Horizen" 电力公司的申请, 允许提高电费, 以便对该市的供电系统进行再投资, 改善整个配电系统诸如电缆电线柱，加强供电系统的基础设施，及有关技术，增加人手。
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The effective date for the new rates is May 1, 2011, with the implementation of the new rates beginning this month.
Max Cananzi, Horizon Utilities president and CEO said late Tuesday the company has received approval for a rate increase of $5.78 per month on the total bill for a typical residential customer using 800 kWh.

9 U, `5 [  e+ @8 u& N" Y- e8 ?This will include $1.65 which is the result of increased transmission fees, which are an element of the customer’s total bill, and outside of the control of Horizon Utilities, Cananzi said in a statement.
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Cananzi said the company applied for an increase in rates so it could continue to make “much needed” reinvestments in the local electrical distribution system that are nearing the end of their normal life cycle.

A corresponding investment also needs to be made in the technology and people that support the system infrastructure to ensure the continued safe and reliable delivery of electricity to customer, he said.

Horizon Utilities provides electricity and related utility services to 237,000 residential, commercial and industrial customers in Hamilton and St. Catharines. This article is for personal use only courtesy of TheSpec.com - a division of Metroland Media Group Ltd.
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Hamilton hydro bills going up about $6 a month

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