Landlord suggested to keep the hydro account on his name to avoid activation fees. Is that normal ?

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For Rent

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Hi,

I recently moved to Toronto, and found a unit on kijiji. The landlord suggests to keep the hydro on his name, and add $100 to the rent in the lease agreement. He says, he will pay me back the difference every quarter, if the hydro bill costs less.

However he asked me to choose if I want it on my name. He mentioned, it will cost some money to activate the account on a new name. Is that true ? How much is the activation cost for "Toronto Hydro" ?

Should I change it on my name ? Are there any benefits of having it on my name ? Or should I let the landlord manage it ?

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allmuviz

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Posted: 9 months ago
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