News Ontario PC Finance Critic Responds to Hydro Rate Cut Announcement SHARE ON: Mackenzie Read, contributor, Friday, Mar. 3rd, 2017 The hydro cost problem is not being fixed by the recent rate cut announcement according to Ontario PC Finance Critic Vic Fedeli. Yesterday, Premier Kathleen Wynne announced an additional 17 per cent energy rate cut on top of the eight per cent HST rebate will come into effect this summer. Fedeli says this is just a ploy to get to the next election. //www.mytimminsnow.com/wp-content/uploads/2017/03/vic-fedeli-3.mp3 Fedeli adds that this is just building up more debt that Ontarians will have to pay off.