COMING SOON TO YOUR LOCAL UTILITY: SAVING ENERGY CUTS OUR PROFITS
CHRIS SORENSEN, TORONTO STAR - Toronto residents and businesses have
taken to the idea of saving electricity - so much so that Toronto
Hydro-Electric System Ltd. is looking to raise rates to cover a $10.4
million decrease in revenue. The subsidiary of Toronto Hydro Corp. said
yesterday it has filed an application with the provincial regulator to
increase electricity distribution rates by 6.3 per cent as of May 1.
The hike is needed to cover a $10.4 million loss in revenues associated
with conservation programs that began in 2005, including last year's
summer challenge, which offered hydro customers a 10 per cent credit on
their fall bill if they cut electricity use by 10 per cent over two
months, according to the utility.
http://www.thestar.com/article/194785
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SUPREME COURT CONSIDERS RULING AGAINST DISCOUNT PRICING
http://www.usatoday.com/news/washington/2007-03-26-price-rule-debate_N.htm?csp=34
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CHRIS SORENSEN, TORONTO STAR - Toronto residents and businesses have
taken to the idea of saving electricity - so much so that Toronto
Hydro-Electric System Ltd. is looking to raise rates to cover a $10.4
million decrease in revenue. The subsidiary of Toronto Hydro Corp. said
yesterday it has filed an application with the provincial regulator to
increase electricity distribution rates by 6.3 per cent as of May 1.
The hike is needed to cover a $10.4 million loss in revenues associated
with conservation programs that began in 2005, including last year's
summer challenge, which offered hydro customers a 10 per cent credit on
their fall bill if they cut electricity use by 10 per cent over two
months, according to the utility.
http://www.thestar.com/article/194785
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SUPREME COURT CONSIDERS RULING AGAINST DISCOUNT PRICING
http://www.usatoday.com/news/washington/2007-03-26-price-rule-debate_N.htm?csp=34
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