Image shows power lines and towers with cars driving below.

FAO: Ontario electricity bills not going down by 12 per cent, despite PC promise

In Wednesday’s report, the FAO noted Ontario will spend about $118.1-billion between 2020 and 2040. About one-third ($39.8-billion) of the money is estimated to help out “non-residential ratepayers.” That term applies to businesses and factories – any place that is not a house that buys electricity. “While two-thirds of the spending will benefit Ontario households,…