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Ontario passes legislation to lower electricity bills by 25 per cent


Ontario passed legislation that will lower electricity bills by 25 per cent on average for all residential customers to provide significant rate relief and ensure greater fairness. The Fair Hydro Act, 2017 reduces electricity bills for all residential consumers and as many as half a million small businesses and farms, starting this summer. Lower-income Ontarians and those living in eligible rural and northern communities will receive even greater reductions, as much as 40 to 50 per cent. As part of this plan, rate increases will be held to the rate of inflation for four years. more

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