... The Ontario Conservative government of Premier Ernie Eves chose to carry out the deregulation of Ontario Hydro, and what has the result been? ... Prices have skyrocketed to an unmanageable rate causing Eves to step in and freeze hydro prices at $0. ... 4 million and hired a consultant, at a cost of $25,000, to help make sense of the unascertainable hydro statements that consumers have been receiving. Hydro deregulation, that was supposed to be saving the public money, is going to end up costing millions of dollars. In addition, hundreds of jobs may be lost as companies are looking at ways to cut costs as a result of higher hydro bills. ...
The Ontario government should have studied a little more closely the deregulation of hydro in other places, such as, California, Montana, Pennsylvania and Alberta which have all privatized their hydro utility.
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