Toronto spends least on home energy, Northern Ontario spends most, new report says - News Summed Up

Toronto spends least on home energy, Northern Ontario spends most, new report says


Households in the Toronto, Hamilton and Niagara regions spend the least amount of money on home energy, while households in Northern Ontario spend the most, according to a new report by the province's fiscal watchdog. It defines home energy spending as how much Ontario residents pay to heat and cool their homes and run their appliances. "While changing prices are an important driver of home energy spending, changes in energy efficiency and substitution between energy sources also matter," the report said. He asked if the province will stop the further privatization of Hydro One to prevent home energy costs from rising. Ontario Energy Minister Glenn Thibeault said the province is trying to bring down home energy costs.


Source: CBC News September 27, 2016 14:17 UTC



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