Ontario Community Newspapers

Port Perry Star, 4 Nov 1981, p. 8

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SR a EN He DN Ne Sasa AE LA LAST Ned it Re EY FER ¥ A AIA Ei < Cah Yeas A% RA Ld eX VE CA AAA 8 -- PORT PERRY STAR -- Ont. Hydro raises 1982 Ontario Hydro today announced rate increases for 1982 averaging 9.6 per cent to the province's 324 municipal electrical utilities and 10 per cent to about 100 large direct industrial customers. Customers of Hydro's rural retail system will receive an increase averaging 8.7 per cent. How- ever, year-round rural residential customers will be provided with a discount to reduce their bills in accordance with the pro- posed amendment to the Power Corporation Act which received second reading in the legislature : , - ' 15 (A ATE i PRL bh Ui SERRE LN FAN Wed., November 4, 1981 last night. The new legisla- tion requires a reduction in the rate differential between year-round residential rural and urban customers to 15 per cent. Of the total 9.6 per cent increase in the rates for bulk electricity approved by Hydro's Board of Directors, 1.3 percentage points is needed to cover the cost of providing the discount for rural residential customers. The remaining 8.3 per cent is needed to cover higher costs. Hydro Chairman Hugh Macaulay said the effect of the 9.6 per cent increase on customers of the municipal utilities will depend upon how it works in with other costs facing the utilities. The combination of the reduced rural-urban rate differential and the 8.7 per cent increase for 1982 means a year-round rural residen- tial customer using 1,000 kilowatt-hours a month will face a net increase of 4.8 per cent in his electricity bills next year. Therefore, a customer whose monthly bill this year is $49, and who benefited from the govern- ment subsidy for a net bill of $45.60 in 1981 would next year be billed $53.18 minus the rural assistance of $5.40 for a vo net bill of $47.78. Without the rate assis- tance, rural residential customers of Ontario Hydro would have paid an average of 28 percent more for their electricity in 1982 than customers of municipal utilities in the cities and towns. Reducing it to 15 per cent in accordance with the pending legislation, Macaulay said, creates a need for an additional $34 million from all Hydro customers. "With general inflation expected to run at about 11.5 per cent next year," Macaulay said, "Hydro's whe whe he |e he we Juke | oe | whe | we whe | NOW OPEN 7 Days A Week! lee wn | RESTAURANT & TAVERN LTD. 15 WATER STREET, PORT PERRY -985-3281 oles [ate | sho | who [cube [he [bn [en] cs | whe | be |e] cin J | ho he | che |e] dn | he | he | che | he |e | cn Ln | cho | chs he | she | cho ho hn che | hs | sho | che | he | ce che eh | ho | he | ie | ihe | Tee [whe | whe ho | wo | ode | od 'or AUR | DineOut on Family Nights MONDAY & TUESDAYS featuring... * SMORGASBORD *CHILDREN - UNDER 12-ACCOMPANIED BY ANADULT (Free Offer applies to Smorgasbord Only) ' When wasthe last time you took the family out for dinner? "FREE" ho [ede we | we | wh | s| he | che | wn | | | ak | | wn we | wh | obo | paca acse C36 As Usual Our Hot & Cold Smorgasbord 11A.M.to 10P.M. DAILY SALAD BAR Featured Daily for your Luncheon and Evening Dining Pleasure! CHILDREN (under 12) SUNDAY BRUNCH 10A.M.to2P.M. EIU, Mepappp. 12 PRICE! For your pleasure we present our 7'T.V.SCREEN Come capture all the excitement and thrills of your favourite Sporting & Special Events. Danceto Your Favorite Music with oneofthe area's finest Disc Jockeys. FRIDAY EVENING SPECIAL: "LIVE PIANO MUSIC" Are You Planning a Get-together to celebrate the Holidays ; "RESERVE YOUR CHRISTMAS PARTIES NOW" Crandell's will be glad to help you arrange a special evening of enjoyment for friends or for the gang at the office. Poeg Lr Lr LL LTT ToT Tek Tek Teh Tee Teh oe [ek ok Te To TT Teh eT kT To [ke Tuk To To Tek To Tek [ho To To Tek Tok Tee Tok Te Tk [ek Tok To Tob [ok Tok To [oe To Tk To [oo [oe Tok Tok Tk Tb Tek Tk Oe YL ve tol 41 Board of Directors feels these increases are very reasonable." He said that export sales of electricity to the United States and con- tinued strong performance of nuclear generating units are two important factors assisting Hydro in keeping the 1982 rate increases below the rate of inflation. Like most organizations, Hydro faces higher prices for the goods and services it needs. For example, Hydro continues to need a substan- tial amount of coal to meet the demand for electricity and will have to pay more per ton for it. For the first time, costs of programs for reducing future emissions of acid gas from coal-burning power stations, for future decom- missioning of nuclear stations and for permanent storage of used nuclear fuel have all been factored into rates. In its presentation to the Ontario Energy Board this year, Hydro proposed a rate increase of 8.6 per cent. The effect of the OEB's recom- AEH Bas 1 ARE LIE bulk rates 9.6 % mendations would have reduced the increase of 6.2 per cent, Macaulay said. He said Hydro's Board has accepted the rate increase resulting from the OEB"s recommendations except for delaying implementation of an improved method of accounting for bond trans- actions. '""This recommendation was not accepted by the Hydro Board because we felt the previous policy no longer - provided an appropriate represenation of costs, particularly in light of current high interest rates. The Hydro Board believes that implementation now is both fair and in the best long run interest of Hydro's customers." "Going ahead with that policy adds 2.1 percentage points to the 6.2 per cent suggested by OEB, for a total of 8.3 per cent, less than we originally proposed. The 1.3 percentage points needed to reduce the urban-rural differential brings the total increase in bulk power costs for next year to 9.6 per cent." Pine Ridge dance The Pine Ridge District Council of the Boy Scouts held their annual Masquer- ade Ball on Sat. Oct. 31st, at Nestleton Community Hall. Everyone agreed that it was a very successful event, and a very enjoyable time was had by all. Prizes were donated by Lake Scugog Lumber, Dowsons Red and White, Canadian Tire, and Bill Mill Ceramics, Blackstock. Winner of the best female costume prize was Joyce Lusk of Toronto, best male costume Steve Vos, Hampton. Other prizes were won by Mrs. S. Anderson, Oshawa, ~ Jo Anne McDougall Black- stock, Mr. and Mrs. Yorke Seagrave, and A. Bristow Columbus. The Pine Ridge District Council would like to take this opportunity to thank everyone who helped to make this dance successful. GREENBANK HEIGHTS FOR PEOPLE WHOSE HEART IS INTHE COUNTRY! -SCENICLOTS- LIMITED TIME OFFER $19,900. $2,900 Downand... 6 Months "Free Interest" Then 17% Mortgage. SERVICED WITH: *Municipal water *Fire hydrants *Street lights *Paved streets. ~VISITUS Saturday & Sunday 1:00to 4:00 P.M. Average Lot Size: 100'x174' 5 Minutes toPort Perry © GREENBANK N H nance go qperty Hwy. 7A or call our exclusive agents: SCUGOG REALTY LTD., REALTOR PORT PERRY - 985-7361 | | 4 i | i { i i | os

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