The late payment process stemmed from past billing practices that were approved by the Ontario Energy Board.

Toronto Hydro-Electric System never profited from this practice; late payment costs that were collected effectively lowered utilities' revenue requirement which kept customer rates lower.

Similarly, Toronto Hydro-Electric System will not profit from collecting money now -- all of the money (net of legal and related costs) that is being sought to recover will be passed on to United Way, a charity that aids low income customers with their winter heating bills.

For more information, please visit www.electricutilitylatepaymentpenaltyclassaction.com