Action plan strategy Class Action Lawsuit for $1.2 Billion Reimbursement from Hydro-Québec

CLICK HERE TO READ THE OFFICIAL COURT APPLICATION FOR A CLASS ACTION

UPDATE (OCT 2017)
: Having received no response to our formal notice, we are proceeding with a class action lawsuit against Hydro-Québec on behalf of all overcharged customers. An application for authorization of a class action will be filed with the court in November and we'll hold a press conference as well.

Also note that in the application, which will be available online on weroes.com, we refuse that the government simply increase Hydro rates in order to refund us. The majority of these overpayments ended up in the coffers of the government, which got hold of these funds through an omnibus bill in 2015. It’s not surprising that the government reached a record surplus of $4.5 billion - that's where our money went! We won't quit until we get our money back!

Still 12663 participations needed to achieve 125000

Pourquoi faire cette action?

UPDATE (OCT 2017): Having received no response to our formal notice, we are proceeding with a class action lawsuit against Hydro-Québec on behalf of all overcharged customers. An application for authorization of a class action will be filed with the court in November and we'll hold a press conference as well on Nov 8 at 11AM.

Also note that in the application, which will be available online on weroes.com, we refuse that the government simply increase Hydro rates in order to refund us. The majority of these overpayments ended up in the coffers of the government, which got hold of these funds through an omnibus bill in 2015. It’s not surprising that the government reached a record surplus of $4.5 billion - that's where our money went! We won't quit until we get our money back!

Still 1215 participations needed to achieve 15000

Still 18369 participations needed to achieve 75000
The petition

WHEREAS electricity bills for Quebeckers have increased by 11% over the past five years, double the rate of inflation;

WHEREAS, from 2008 to 2014, Hydro-Québec received $ 1.4 billion too much in the pockets of its customers;

WHEREAS these $ 1.4 billion were generated by excessive profits made by Hydro-Québec following higher yields than those established by the Régie de l'énergie as fair and reasonable;

WHEREAS the Crown corporation recorded average returns of more than 10%, while those authorized by the Régie were between 6% and 8%;

WHEREAS comparable energy companies such as Gaz Métro are forced to hand over overpayments to their customers;

WHEREAS this $ 1.4 billion overpaid by Hydro-Québec is equivalent to a rebate of $ 365 per customer or to a tariff reduction of more than 10%;

WHEREAS the Minister of Natural Resources has committed to giving back this money to consumers once the budget has been balanced;

WHEREAS the return to a balanced budget was achieved in 2015-2016;

WHEREAS the Government of Ontario has reduced electricity rates by 25%;

WHEREAS Hydro-Québec is a collective asset that belongs to all Quebecers;

We, the undersigned, demand that Hydro-Québec give us back our money.

Still 9619 participations needed to achieve 50000
Description

UPDATE (OCT 2017): Having received no response to our formal notice, we are proceeding with a class action lawsuit against Hydro-Québec on behalf of all overcharged customers. An application for authorization of a class action will be filed with the court in November and we'll hold a press conference as well.

Also note that in the application, which will be available online on weroes.com, we refuse that the government simply increase Hydro rates in order to refund us. The majority of these overpayments ended up in the coffers of the government, which got hold of these funds through an omnibus bill in 2015. It’s not surprising that the government reached a record surplus of $4.5 billion - that's where our money went! We won't quit until we get our money back!

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SUBJECT: Initial notice

The Prime Minister,

The purpose of this letter is to inform you that we are giving the Government of Quebec formal notice to reimburse Quebeckers the $ 1.4 billion that Hydro-Québec has overcharged its customers since 2008.

As Hydro-Québec's customers, we require that this overpayment by the Crown corporation from 2008 to 2014 as a result of excessive profits resulting from higher returns than those established by the Régie de l'énergie as being fair and reasonable, be restored to consumers in accordance with your government's commitment.

On June 4, 2014, when the budget was tabled, the Minister of Finance stated that overpayments were a one-time measure to allow the government to restore fiscal balance.

On May 12, 2015, Pierre Arcand, Minister of Natural Resources, made a formal commitment to the National Assembly by stating: "It was very clear in our minds that this measure was temporary. [...] I can tell you that as soon as a balanced budget is restored, it is clear that these efficiencies will be restored to consumers. "

Two years have elapsed since the commitment of the Minister of Natural Resources and a balanced budget has been achieved. Yet Quebecers continue to experience increases in electricity rates. In addition, over the past five years, increases have doubled in inflation. The number of Hydro-Québec customer disconnections has been steadily increasing since 2008, from 12,284 to 55,500 in 2015. And the Corporation's executives continue to get performance bonuses -- a record $ 23 million in 2015.

The Ontario government's recent decision to cut electricity bills by 25% by next June should be an inspiration to the Government of Quebec.

On behalf of the XXXXX people who signed up to this formal notice by adding their name on weroes.com, we demand that Hydro-Québec give back our money in accordance with your commitment. We would be happy to meet with you to talk about how to repay Quebeckers. In the absence of a response from you within 10 days, we will be required to undertake other appropriate actions, including a class action on behalf of Hydro-Québec clients.


Signed by