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Vuteq Faces $385,000 Monthly Hydro Bill

Monday, 20 March 2017 13:59

Ernie Hardeman questioned the Liberal government about Vuteq's outrageous monthly hydro bill.

WOODSTOCK - Our local MPP was talking about hydro prices again today in Queens Park. 

Ernie Hardeman questioned the Premier about the high hydro costs facing business in Oxford County. He used Vuteq in Woodstock as an example. 

“Vuteq, one of the largest employers in my riding, said that on a single bill the charge for the electricity they used was about $38,000, but when you add on this government’s global adjustment and other charges the final monthly bill was $385,000. Can the Premier explain why this major employer is paying more than $350,000 or 90% of their bill for extra charges?” 

Hardeman says no explanation was provided by the Premier or the Ministry of Energy. He says the recent announcement from the Liberals to reduce Hydro costs by 25 percent will not help companies like Vuteq. 

“In the past few months it has been announced that Oxford is losing 1,000 jobs – and this government’s hydro rates for businesses are putting more at risk and yet the government’s hydro announcement does nothing to help the major businesses we have left, like Vuteq.” 

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