Saturday, October 31, 2015

Ontario electricity rates going up Nov. 1

Price hikes will add $4 a month to the average bill, Ontario Energy Board estimates

Hydro bills will get more expensive in Ontario starting in a couple weeks.

As of Nov. 1, the regulated price of electricity is going up 0.5 cents per kilowatt hour across the province for households and small businesses.

The Ontario Energy Board, which sets the prices, estimates that will translate into an extra $4 a month for an average household, or a three per cent increase.

The new hydro rates will still be applied according to time of use for the vast majority of consumers, but using the price schedule for winter months:

7.2 cents/kwh from 7 p.m. to 7 a.m.
12.9 c/kwh from 7 a.m. to 11 a.m.
10.9 c/kwh from 11 a.m. to 5 p.m.
12.9 c/kwh from 5 p.m. to 7 p.m.

Weekends and statutory holidays have a flat rate of 7.2 c/kwh  (more...)

More coverage:

Is there relief for ratepayers?

I represent ACN and Planet Energy. Planet Energy is not associated with your local utility(ies), the Ontario Energy Board, or the Government of Ontario.  Sign up using my business ID 03342980


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