Toronto Hydro is giving its customers some good news for the new year.
Your hydro bill will be going down.
The average customer will save about 13 dollars a month, or 8.5 per cent.
Toronto Hydro says the change is mostly due to the Ontario government's decision to offer an 8 per cent rebate to cover the HST on your bill.
But don't get too excited. Other bills are going up thanks to the province's new cap-and-trade program. Home heating will go up about 6 to 7 dollars a month for the average home owner, and gasoline prices will rise by 4.3 cents per litre.