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Ontario electricity rates up again Nov. 1

Peak rate more than double off peak.


October 16, 2015
by The Canadian Press

TORONTO — Electricity rates are going up again in Ontario starting Nov. 1.

The Ontario Energy Board says the peak price for electricity – between 7 a.m. and 11 a.m. and from 5 p.m. to 7 p.m. – will rise by 1.4 cents to 17.5 cents a kilowatt hour.

The mid-peak price from 11 a.m. to 5 p.m. will rise by 0.6 cents to 12.8 cents a kw/h.

And the off-peak rate from 7 p.m. to 7 a.m. and all day weekends and holidays jumps 0.3 cents to 8.3 cents a kwh, less than half the on-peak price.

The energy board says the increases will add about $4.42 to the electricity line on the average monthly electricity bill for a household that uses about 800 kwh a month.

It says about 40% of the rate increase is because of increased costs from Ontario Power Generation’s nuclear and hydro-electric generating stations.

The board sets electricity prices every May and December and changes the hours for peak and off-peak pricing to reflect the shorter daylight periods in winter.

© 2015 The Canadian Press

2 Comments » for Ontario electricity rates up again Nov. 1
  1. Kent says:

    “It says about 40% of the rate increase is because of increased costs from Ontario Power Generation’s nuclear and hydro-electric generating stations.”

    So the other 60% is just general stupidity brought on by the “green” energy craze? Or is it the ludicrous salaries and severance packages? A mismanagement fee? Or just another way to increase the flow of cash into the Liberal coffer and ensure that even more Ontario residents have to choose between feeding their family or having electricity?

    Where does it end?

    Let’s fire Wynne and get this over with.

  2. susan hamilton says:

    This Utility is managed by people with the mentality of crooks and criminals. Too much political pork barreling and not really Green Energy Policies have left a broken and financially at risk system.. paying the Americans money to take our excess power, while cutting off poor people in Ontario, who can not pay these rising bills is just plain evil.

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