DRC is payable on electricity consumed in Ontario. All revenues from DRC are used exclusively to pay down the residual stranded debt of the former Ontario Hydro.
DRC is paid by most electricity users and replaces debt servicing costs already included as part of electricity bills. DRC will end once the residual stranded debt is retired.
DRC was brought in by Harris after they botched restructing the electricity sector in Ontario. So if it helps stoke your anger, Hudak wants McGuinty to stop the unfair Harris Conservative Legacy Tax.
http://www.rev.gov.on.ca/en/guides/drc/101.html
ReplyDeleteWhat is DRC
DRC is payable on electricity consumed in Ontario. All revenues from DRC are used exclusively to pay down the residual stranded debt of the former Ontario Hydro.
DRC is paid by most electricity users and replaces debt servicing costs already included as part of electricity bills. DRC will end once the residual stranded debt is retired.
*Your welcome btw.
Thanks for that. My blood is already boiling with populist rage.
ReplyDeleteyeah, because it really is your only hope for survival.
ReplyDeleteDRC was brought in by Harris after they botched restructing the electricity sector in Ontario. So if it helps stoke your anger, Hudak wants McGuinty to stop the unfair Harris Conservative Legacy Tax.
ReplyDeleteTory or grit, everyone can agree on the fact that Hudak has barely a pulse.
ReplyDeleteThis guy brings together the blue base like my 100$ Canadian Tire vaccum cleaner brings together dirt; not very well.