Ontario’s Electricity Regulation Crisis Report ““ Part Six

In a calm, direct tone, the chair of the OEB has written to the chair of Toronto Hydro correcting the record on Toronto Hydro’s aggressive misinformation campaign.

“The most recent Board decision does not limit Toronto Hydro’s capital spending to $140 million in 2012, as suggested in Toronto Hydro media commentary, and does not prevent Toronto Hydro from maintaining its capital budget at these historical levels.”

The letter goes over in detail remedies available to Toronto Hydro, that, if acted upon, would make the current crisis, which has been fabricated by Toronto Hydro’s leadership, disappear.