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Watch video above:The debt retirement charge is done but hydro bills are still going up. Alan Carter explains why.

TORONTO Residential consumers will still see their hydro bills go up, even though the governing Liberals are planning to remove the controversial debt retirement charge from their monthly statements in 2016.

The Ontario Clean Energy Benefit, which takes 10 per cent off hydro bills, will also expire at the same time. The majority of ratepayers will also be expected to bankroll a proposed program that would offset energy costs for lower-income families.

According to the government, a typical family consuming about 800 kilowatt hours per month would save about $75.60 a year after taxes once the debt retirement charge is removed on Jan. 1, 2016.

But those savings would be cancelled out by the loss of an $180 annual rebate from the clean energy benefit, which was introduced in 2012.

However, the Liberals are promising a support program for famillies with an income of up to $40,000 that would provide about the same savings as the clean energy benefit after it expires.

An eligible family could save on average $250 a year when combined with the removal of the DRC, Energy Minister Bob Chiarelli said Wednesday.

We fully understand the electricity price pressures facing families, and thats why were taking these steps, he said.

This is real rate relief for those who need it most.

The program will add about 90 cents on the average monthly bill of the rest of the ratepayers, Chiarelli said.

Original post:
Liberals end debt retirement charge on hydro but bills still going up

Maria Babbage, The Canadian Press Published Wednesday, April 23, 2014 12:05PM EDT Last Updated Wednesday, April 23, 2014 7:25PM EDT

TORONTO -- Residential consumers will still see their hydro bills go up, even though the governing Liberals are planning to remove the controversial debt retirement charge from their monthly statements in 2016.

The Ontario Clean Energy Benefit, which takes 10 per cent off hydro bills, will also expire at the same time. The majority of ratepayers will also be expected to bankroll a proposed program that would offset energy costs for lower-income families.

According to the government, a typical family consuming about 800 kilowatt hours per month would save about $75.60 a year after taxes once the debt retirement charge is removed on Jan. 1, 2016.

But those savings would be cancelled out by the loss of an $180 annual rebate from the clean energy benefit, which was introduced in 2012.

However, the Liberals are promising a support program for famillies with an income of up to $40,000 that would provide about the same savings as the clean energy benefit after it expires.

An eligible family could save on average $250 a year when combined with the removal of the DRC, Energy Minister Bob Chiarelli said Wednesday.

"We fully understand the electricity price pressures facing families, and that's why we're taking these steps," he said.

"This is real rate relief for those who need it most."

The program will add about 90 cents on the average monthly bill of the rest of the ratepayers, Chiarelli said.

Go here to read the rest:
Liberals confirm end to debt retirement charge on hydro bills

TORONTO - Residential consumers will still see their hydro bills go up, even though the governing Liberals are planning to remove the controversial debt retirement charge from their monthly statements in 2016.

The Ontario Clean Energy Benefit, which takes 10 per cent off hydro bills, will also expire at the same time. The majority of ratepayers will also be expected to bankroll a proposed program that would offset energy costs for lower-income families.

According to the government, a typical family consuming about 800 kilowatt hours per month would save about $75.60 a year after taxes once the debt retirement charge is removed on Jan. 1, 2016.

But those savings would be cancelled out by the loss of an $180 annual rebate from the clean energy benefit, which was introduced in 2012.

However, the Liberals are promising a support program for famillies with an income of up to $40,000 that would provide about the same savings as the clean energy benefit after it expires.

An eligible family could save on average $250 a year when combined with the removal of the DRC, Energy Minister Bob Chiarelli said Wednesday.

"We fully understand the electricity price pressures facing families, and that's why we're taking these steps," he said.

"This is real rate relief for those who need it most."

The program will add about 90 cents on the average monthly bill of the rest of the ratepayers, Chiarelli said.

"We feel that this is a very modest tradeoff to be made in order to accommodate those who are in significant need," he added.

Read this article:
Liberals trying to tackle high hydro bills

Maria Babbage, The Canadian Press Published Wednesday, April 23, 2014 12:05PM EDT Last Updated Wednesday, April 23, 2014 7:25PM EDT

TORONTO -- Residential consumers will still see their hydro bills go up, even though the governing Liberals are planning to remove the controversial debt retirement charge from their monthly statements in 2016.

The Ontario Clean Energy Benefit, which takes 10 per cent off hydro bills, will also expire at the same time. The majority of ratepayers will also be expected to bankroll a proposed program that would offset energy costs for lower-income families.

According to the government, a typical family consuming about 800 kilowatt hours per month would save about $75.60 a year after taxes once the debt retirement charge is removed on Jan. 1, 2016.

But those savings would be cancelled out by the loss of an $180 annual rebate from the clean energy benefit, which was introduced in 2012.

However, the Liberals are promising a support program for famillies with an income of up to $40,000 that would provide about the same savings as the clean energy benefit after it expires.

An eligible family could save on average $250 a year when combined with the removal of the DRC, Energy Minister Bob Chiarelli said Wednesday.

"We fully understand the electricity price pressures facing families, and that's why we're taking these steps," he said.

"This is real rate relief for those who need it most."

The program will add about 90 cents on the average monthly bill of the rest of the ratepayers, Chiarelli said.

Read this article:
Liberals expected to announce end to debt retirement charge on hydro bills

Jonathan Alter: When Will Liberals Call For More Boycotts Of #39;Racist #39; Rush Limbaugh?
Former Newsweek editor Jonathan Alter appeared on the Ed Show, Tuesday, to lobby for more boycotts of the "racist" Rush Limbaugh. The talk show host #39;s crime,...

By: yazchat

Original post:
Jonathan Alter: When Will Liberals Call For More Boycotts Of 'Racist' Rush Limbaugh? - Video