It appears that conservation programs in Toronto have worked so well that Toronto Hydro now faces revenue losses of $10.4 million dollars. So their answer, hike the rates.
Considering that the only expenses Hydro has are distribution, and that they really don’t replace outside plant all that often, doesn’t this reek of outright greed to anyone else?
Here I was thinking that letting National Grid control both electricity and natural gas distribution was a bad idea. All I know is that National Grid gets about $150 a month less from me ever since we made the switch to CFL’s. And I know at least two dozen people who’ve done the same with similar savings, on average $75 a month. So that represents revenue losses to National Grid of $21,600 a year. That’s great because they’ve been screwing us for years, even back when they were the New England Power Pool and Narragansett Electric.
So check with your power provider – they may offer rebate certificates on Compact Fluorescent Lighting (CFL) and buy up now.