Ronald C. Hill is meeting to Six Nations elected Council on Monday August 8 at 9 a.m. to talk about recent discussions related to Hydro One
Action Requested: Secure preferred electricity rates from Hydro One for Six Nations Members residing in Ontario by April 1, 2017.
The Preferred Electricity Rate is the fair market value of electricity and excludes delivery charges and the global adjustment fee.
The 2015 average fair market value for electricity was 2.36 cents per kilowatt hour (kWh).
Residential customers and small businesses are paying, as per June 2016, Hydro One billing feels that include:
- Regulatory charges
- Global adjustment fee (a hidden cost included in the kWh price that averaged out at 7.9 cents per kWh in 2015
The Hydro One infrastructure located throughout the Haldimand Tract is extensive. The province of Ontario has benefitted from Six Nations of the Grand River First Nation lands and resources (water) in both the Haldimand Tract and the NANFAN territory for generations, with little or no compensation to Six Nations.
Wind and Solar energy will continue to drive the cos of electricity up
Benefits to Six Nations members
- A preferred electricity rate can create a substantial competitive edge for Six Nations businesses and economic development.
- A preferred electricity rate will see significant monthly, annual and lifetime cost savings to every Six Nations member that is a Hydro One member.
Ronald C. Hill