Hydro One is seeking regulatory approval to spend $5-billion to ensure electricity continues to flow to your home.
Approval from the Ontario Energy Board would mean an increase of 77-cents on a customer’s monthly bill starting in 2020.
Acting President and Chief Executive Officer Paul Dobson says the investment is needed.
Much of Hydro One’s transmission system was built in the 1950’s.
Fifteen per cent of steel towers and 14-hundred kilometres of line are nearly 100 years old.