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Canadian & Global News

Hydro utilities warn of price shock

May 11, 2010
The Toronto Sun

An electricity price shock is about to hit – and local hydro utilities are warming up a campaign to tell consumers it’s not their fault.

Householders who haven’t locked in a rate through a retailer can expect to see the price of power jump by up to 16 per cent when their next bill arrives. On top of that, this summer’s hot weather is driving up the amount of electricity that many household are using.

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