Thursday, April 15, 2010

Another Hydro Increase Expected

The regulated price of electricity is expected to rise today in the first instalment of what will be a series of jumps in the price of power.

Homes without a fixed-priced deal now pay 5.8 cents a kilowatt hour for the first 600 hours they use in summer or one-thousand in winter.

Some estimate today's result in an extra five dollars a month on a typical household bill.