Thursday, April 17, 2014

Hydro Rates Going Up Again

New electricity rates in Ontario kick in May 1st.

The Ontario Energy Board has approved a point-3 cent increase to both the off-peak and mid-peak rates and a point-6 cent increase in the on-peak rate.

The Energy Board says it will result in an monthly increase of about 2-dollars and 83 cents to the average household user.