One of the concerns with the government's plans to sell off part of Hydro One is the impact on rates. I tend to think the pressure on rates will be slightly up, only initially, for Hydro One distribution customers, but actually downward for customers of Ontario's other local distribution companies. That will require some work to explain in a separate post, but I'll note the existing cost concerns with a list as I had been collecting stories on rate impacts prior to the announced plan to sell of 60% of the transmission and distribution assets:
- Ontario Electricity Rates – the Invisible Gorilla | Bruce Sharp | Cold Air
- Ontarians should brace for shocks from electricity market changes | the Globe and Mail
- Ontario’s Power Rates Are Going Up How Much? | Tom Adams Energy
- Compared with Ontario, our electricity is a real bargain | Montreal Gazette
- The lowdown on hydro increases | Vander Doelen | The Windsor Star
- Ontario's hydro situation getting worse: Expert | Toronto Sun
Rates in Ontario are going up, and up.
Onto the debt.