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The Canadian Champion, Friday, June 21, 2002-9 Milton Hydro seeking security deposits from Got a hot businesses - two-and-a-half times monthly bill scoop? by riîI-AHU-iv iAe The Champion Tbe recenîly upened bydru market irieans added rîsk for Miltun Hydru and the lucal disîributur is luuking lor cunsumners ILu shoulder the respunsibilily. Recenlly, the Tuwn-uaned cumpany dis- îribuied a leller lu large vlume cunsumners inîthe area indicaîîng îbey wuuld be j required lu pay a secoriîy depusi --sume- ting previuusly unly required tur Ibuse The depusits -wbicb will equal witprorateyme:l bisiury limes tbe business' prjecîed muntbly bill - is intcased t ote besse go undr bt incete o uvie tes eluert.iîiuo "We make nu retums un and really have nu provisions to deal witb bad debts tu do with the wholesale market. We have tu pay the wholesale market whether we get paid or flot," explamed Don Thome, president ut Mltun Hydro. Under the new market system, Milton Hydru distributes electricity purcbased by cunsumers either thruugh a cuntracted sup- plier or at a fair market value determined hourly. The company acts as a billing agent for either metbud and is responsible for collecting payment frum cusiomers. Since the incorporation of Milton H-ydru in 2( 9. the cumpany nu lonrger bas the abiltty lu recuver lusses tbruugb local taxa- OPNI OSSTHSWEKN Saturday & Sunday 1 - 4 p.m. CHURCHILL ESTATES - BROOKVILLE GUELPH LINE (5 MIN. N. 0F 401) $4499900 ALL 1 1/2 ACRE LOTS GARY THOMAS in attendance Re/max Blue Springs 905-878-7777 15 LOTS STILL AVAILABLE - 50 HOUSES SOLO_ Join me Sunday, June 23 for my Tour of Country Homes 12:30 - 1:00 2031 Klbride Si. Kirride Quaint village. 2 bdrm bung. rg lot $235,000 1:15 - 1:45 4402 Tremnaine Rd. S. of Lower Base Line Escarpmenl view. 2+1 bdrm bung $269,000 2:00 - 2:30 1343 Britannia Rd.. E of Hwy 25 Great 2 bdrm bung. on .44 acres S259,000 HEATHER MEEHAN in attendance Re/max Blue Springs 905-878-7777 Sunday June 23 2 - 4 pm 250 Satok. Unit #1 (Off Chîids Dr.) DONNA STARK in attendance Prudential Town Centre Realty 905-878-9100 Io us\er any rssce si, add.ed 1,01. Thume. A requesl bas lready been flied ssiih the Ontario Energy Ruaird OEB> Io investi- oaie Ille issue ut lusses. hie cuisinued. -Were luuking luor larity aruund ibis whule issue. but that hasiii happened yel. he said ol the OEB request. "Ils really li us with nu choice but IuodIo his (cllect depusits). -Obviuusly. were willing Iu make vs taies eî n e cair lo inrgale an ir> iiiiig issues peuple right bave." News residei s arriving in urssn w il alsor be asked lu pas' a security epîrsîl. unless ilîey eau pruve lbey bave a guud paymneni hislury wiîb arnuier uiilily fur the prevrorus lwu years. Exislîng residents wun'l bc asked lu pay a seeurîty depoîsil unless ibeir paymenl dependabiliy is put intor question. Sbould the OEB regulate an alternative metbod ut reco<vering the lusses- includ- iloi C e i rs asitý Ilibe ir . roi red ire said. Lucal businessescý hase expressed crin- cern oser fice deprisits. and îhe Militon Chamber ut Commierrce iret Muridas as1h Miltoîn fydru Ioi discri'.ssthe issue. Accrirding loi Cbanrber Execulîs e Dîreetoor Sandy Marini, ihe issue is stîll bcing negutiated and the Chamber bas nu cumment ai tbis lime. A Chamber meeting was schedulcd forr lasi nigbt tor members lu dîscuss the issue. L.d)î Uut news- room at (905) 878- 2341, ext. 234. SP EA RS P SALE PRICES END SATURDAY JANE 222002, WHILE QUANTITIES LASI now 2991110 off 1150Ooff S3 FFCRAFTSMAN 6-HP, CRAFTSMAN 5.5-HP, Arcss6H, 1"GA MW 2"SELR-PR0PELED 21" REAR BAGGING MOWER 389.99 MILTON STORE HOURS 100 Nipissing Rd. 905-878-4103 Locally 1- .d 9 30m 6 B raude b s, 1, 12 rr0m i400m adVsrt our websrle al STORE HOURS oaWlogTHE BRANDS YOU WANT Tw sears caý 6 AT THnSTOE YOoTRUT ir-Mounarvew Rd-MFr' F c, ý,m ap'n A H TR O RS' GEORGETOWN rr iw O' M Dele Dalr905-877-5172 12 00p. F4 OOý