Thursday, November 25, 2010

Kenora Hydro proposes rate increase

Kenora Hydro is proposing a 10 percent increase in its rates next year.


Hydro has submitted a request to the Ontario Energy Board for an increase in rates effective May 1st, 2011.

The new rates would help Kenora Hydro off-set some of the costs of a couple of major capital projects, including the installation of smart meters.

Hydro says the rate hike will also help pay for the re-build of their  sub-station on Mellick Avenue.

For the average consumer, rates would increase about nine dollars and 45 cents a month.