Hydro rate increase begins today

CKTB - NEWS - Electricity Rates

Even though thousands of people in Niagara woke up without power this morning, increased electricty rates kick in today.

A typical residential customer using 700 kWh per month will see hydro bills increase by about $2 as the Ontario Energy Board sets new prices for households and small businesses.

This also marks the beginning of winter time-of-use hours.

Hydro will cost 10.1 cents per kWh during off-peak hours and 20.8 cents per kWh during on peak hours.

courtesy Ontario Energy Board

Customers may also notice new line on their hydro bills as the Ontario government introduces an expanded rebate program to help offset the price changes.

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