Ontario hydro bills to rise despite end of Debt Retirement Charge

Energy Minister Bob Chiarelli. (Craig Robertson/Toronto Sun)

Energy Minister Bob Chiarelli. (Craig Robertson/Toronto Sun)

Antonella Artuso, Queen's Park Bureau Chief

, Last Updated: 5:19 PM ET

The typical Ontario residential hydro consumer can expect to see their bills leap by roughly $120 a year in 2016.

Energy Minister Bob Chiarelli announced Wednesday that his government will retire the Debt Retirement Charge (DRC) on hydro bills starting on Jan. 1 2016, an annual savings of just under $70.

But at the same time, the government intends to bring an end to the Ontario Clean Energy Benefit (OCEB) which takes 10% off bills, adding about $180 to the average family’s hydro bill.


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