On May 31st, 2017, YPE Toronto hosted a discussion on the Fair Hydro Plan with two prominent leaders of Ontario’s electricity sector, Guy Holburn and George Vegh. Topics discussed included the economic and electricity sector governance issues raised by the Fair Hydro Plan, alternatives to the plan and the public policy challenges that underlie these questions.
The recently announced Fair Hydro Plan has promised a 25% electricity rate reduction. The plan, which has generated much debate, aims to reduce electricity rates in two ways: One, by “refinancing” the cost of global adjustment and two, by transferring certain costs related to rural distribution and low income support from ratepayers to taxpayers.
