Kitchener Utilities gas rate decision deferred
Posted Aug 11, 2014 02:23:21 PM.
This article is more than 5 years old.
The Finance and Corporate Services committee has voted to defer a decision on gas rates for Kitchener Utilities customers.
A report recommends that rates increase by 4.7 per cent – which works out to about $40 a year for the average homeowner.
However, Ward 3 Councillor, John Gazzola tells 570 News that’s too high.
He’s made a recommendation on the ‘fixed delivery’ component. Rather than increasing it from 69 cents a day to 73, he wants to see it capped at 70 cents.
Gazolla is aiming for the increase to come in at just under 2 per cent – which would mean about 30 dollars for the average homeowner.
Gazolla adds, “our utility rates are much, much too high, and I want to get things closer to the inflation rate.”
Mayor Carl Zehr says, “setting gas rates is a complex issue. Our role, as council, is to set the policy, which we did, and these are the rates that fell out of that policy.”
A decision is expected to be made August 25th.
