Upgrading aging Toronto Hydro infrastructure to cost customers $3 a month – The Globe and Mail

More things deteriorating…

The Ontario Energy Board has approved most of a $750-million spending plan to improve Toronto’s aging hydro equipment.

The two-year development plan, which Toronto Hydro says is needed to prevent blackouts, will increase hydro bills in the city by about $3 a month.

The accepted proposal comes more than a year after Toronto Hydro unsuccessfully proposed a three-year $1.5-billion plan that would have cost customers an additional $5 per month.

via Upgrading aging Toronto Hydro infrastructure to cost customers $3 a month – The Globe and Mail.

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