Archive for December, 2016

Ontario business owners say high electricity rates are a threat to their survival

Wednesday, December 21st, 2016

Berkeley North founders Matthew Webber and Diana Chetcuti Webber are facing higher-than-anticipated energy bills.

Tor Krueger has big plans for Udder Way Artisan Cheese Co., which sells handmade goat cheese in Stoney Creek, Ont.

But crushing hydro bills are hurting the artisan cheese maker’s plans to modernize his facility so he can get federal certification and sell his cheeses across the country.

“After payroll, hydro is consistently one of my top three operating expenses,” Mr. Krueger said.

Hydro One charges him upward of $2,000 a month, and “I don’t have any equipment in here that I would say is drawing a lot of power.”

Other small and medium-sized businesses (SMBs) in Ontario, such as restaurants Berkeley North of Hamilton and Fred’s Not Here of Toronto, are struggling to pay their hefty hydro bills.

Click here to read the original story published in The Globe and Mail.

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