1. Ontario Electricity Deregulation
... private suppliers with a surplus of electricity, and therefore lower profits. Another major political problem with the deregulation was in December 2002 when the provincial government decided to set a rate cap. People blamed the deregulation and in turn the government for the rising electricity prices. The Government felt they had to do something and came out with Bill 210 also known as ... they paid since the market opened to competition.16 The Tories directed the various electrical utilities to hand out $75 rebates, in the form of cheques, before Christmas 2002 in a move designed to f...
- Word Count: 2496
- Approx Pages: 10
- Has Bibliography
- Grade Level: High School