There is a report that changing the "global adjustment charge" is another way the Wynne government will try to reduce your hydro bill.
The premier has said that tackling electricity bills is a top priority heading into the spring budget season.
So far, they have reduced your bill by 8 per cent by re-imbursing you for the HST portion.
CBC reports that they could bring it down another 8 per cent by changing how they calculate the "global adjustment charge," which was introduced in 2005 to cover the capital costs of modernizing the electricity system.
The report is that the government is considering spreading out the cost more gradually in the years to come, so you would be paying less per month today.
Mark Winfield, York University professor and co-chair of the Sustainable Energy Initiative, says that is probably not a good idea.
Like extending the length of the mortgage on your house, he says while you would pay less each month right now, we would be paying more overall in the long run.
He says the province would have to borrow money to pay the difference in the meantime, and risk higher interest rates.
Winfield says he would instead expand the program of subsidies for low-income people who can't afford to pay their hydro bills.
CBC reports the government is also considering how it covers those subsidies. Right now, all hydro customers pay to fund the Ontario Electricity Support Program for low-income households.
Brady Yauch with the Consumer Policy Institute says because it's a social program, it should be covered by the tax base rather than ratepayers.
Winfield says there would be a downside to that.
"Either the deficit has to go up some more, you have to cut spending somewhere else... or you have to raise the revenue from somewhere."
He says there is no easy solution to reducing hydro bills because the cost of modernizing the electricity system is what it is.
"We could have made some choices that would have reduced these costs somewhat, but the fact is the system had to be virtually rebuilt. After nearly 30 years of pretty much neglect, this was going to cost."