Hudak to Impose a 44% increase during the times families use electricity
TORONTO, Sept. 19, 2011 /CNW/ - Today, it became clear why Tim Hudak's
handlers insist he stick to their talking points and avoid specifics.
The first time on this campaign that Hudak went off script, he revealed
some of the details behind his proposal to end time-of-use electricity
pricing. The result: bad news and significantly higher costs for
families who Hudak has deceived into thinking he was giving them a
Under questioning from reporters, Hudak came clean for the first time on
the formula he will use to replace time of use pricing. Hudak said:
"The flat rate is simply set as an average of the other rates." (Media
scrum, September 19, 2011)
The average of the three existing rates is 8.5 cents per kilowatt
hour. That would represent a:
44% increase in "off peak times" representing 64% of residential
electrical usage (from 5.9 to 8.5 cents)
4.5% reduction during "mid peak times" representing just 18% of
residential electrical usage (from 8.9 to 8.5 cents)
20.6% reduction during "peak times" representing just 18% of residential
electrical usage (from 10.7 to 8.5 cents)
What Tim Hudak has failed to admit is that most residential usage
happens during off-peak times, when rates are lowest. It is business
and industry who drives up the usage during so-called "peak times."
Hudak's failure to understand this basic fact will result in families
paying the price of his ill-conceived policy.
"Tim Hudak is planning a massive increase in the cost of electricity
during the times families use it most. Tim Hudak's policy is
ill-conceived. It risks families paying significantly more and would
take Ontario off track."
- Brad Duguid, Liberal Candidate (Scarborough Centre)
SOURCE Ontario Liberal Party
For further information:
Ontario Liberal Media Office
416-961-3800 x 328