NOTL hydro wants province to reduce business electricity rates

Niagara on the Lake's hydro board wants the province to look to reduce electricity rates for small business and farmers.

Jim Ryan, Chair of NOTL Hydro, wonders how many jobs have been lost or not created because of Ontario's high electricity rates?

He notes, large businesses have been excluded from the 8 percent Ontario rebate given to consumers in January and will not be given the 17 percent rate cut coming in June.

As well, the debt retirement charge was removed for residential customers but not for businesses.

And he adds many businesses, particularly small ones, can't shift usage times and must pay higher on peak time of use rates.

The hydro board also points out the U-S has a pattern of providing lower prices for its business customers.