The Story of Profit
The Coalition for Energy Price Control
Publisher: The Coalition for Energy Price Control, Montreal, Canada
Year Published: 1977
Resource Type: Article
Cx Number: CX202
A report of the actions of 17 groups in Quebec fighting unfair energy price increases.
Abstract: Since 1973, Gaz Metropolitan has been allowed seven rate increases. In 1975 Hydro Quebec asked for six increases of more than 75% over a period of six years. Both these rate structures give all to industry at ½ of what the residential users pay. Hydro Quebec's export rate (to U.S.) is 1/3 the resultant rate. The Coalition of Energy Price Control is made up of 17 Montreal groups who are fighting the gas and hydro increases and demand that gas and electricity prices be frozen until there is a new rate structure. Accordingly, big companies who use more energy would be forced to pay more and residential users who use less, pay less. Also available in French and English are 2 page documents on How To Read Your Electricity Bill and how to calculate your gas bill..