Good News! - Hydro Savings for Duplexes and Up

[Nir]

Hi Everyone,

FYI if you have properties with 2 or more units you can get 1st tier pricing for higher usage based on the number of units within your property.
I found out the previous owners were not aware and as a result paid more on hydro for a few years.

To benefit from this simply contact your power distribution company or fill and send them a declaration form for Multi Unit Residential Premises specifying the number of units you have within each property.

Here is an example of what the form looks like for Orillia:

http://www.orilliapower.ca/Portals/0/Low_V...Residential.pdf

Regards,
Neil

 

[DOZAH]

Thank you .

 

[Ready4Rent]

Neil,

Do you know of any programs for gas?

 

[terri]

QUOTE (investmart @ Nov 24 2008, 06:47 PM) Hi Everyone,

FYI if you have properties with 2 or more units you can get 1st tier pricing for higher usage based on the number of units within your property.
I found out the previous owners were not aware and as a result paid more on hydro for a few years.

To benefit from this simply contact your power distribution company or fill and send them a declaration form for Multi Unit Residential Premises specifying the number of units you have within each property.

Here is an example of what the form looks like for Orillia:

http://www.orilliapower.ca/Portals/0/Low_V...Residential.pdf

Regards,
Neil

very interesting, thanks for posting Neil

I called Toronto Hydro and the person answering the phone knew nothing about this, do you happen to know if this discount exist for the city of toronto as well and where I would find the form?

thanks,

Terri

 

[Nir]

My pleasure.

Try this link:

http://www.torontohydro.com/electricsystem...ration_Form.pdf

 

[DonCampbell]

Thanks for helping your fellow investors.

Bottom line is bottom line, meaning that rents don`t have to go up to increase profit, reducing expenses works just as well and is NOT government regulated