Thursday, March 17, 2011

First Payment from KW Hydro

Earlier this month I received my first official payment from my LDC. The payment was for $302. This was for the period starting December 3rd (Connection date) to February 10 or around there.

The payment included HST which I am collecting and remitting to the government. It also included a one time 10$ account setup fee from KW Hydro and another 10.50$ in administration fees.

The $10.50 in administration fees will be every period. The payments are bi-monthly so that means that it is approximately $5.25 per month for administration. Not exactly ideal, but reasonable given the fact that I have heard that Toronto and Cambridge are both around $10/month. So, hopefully KW Hydro keeps the rates as is!

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