By Lee Greenberg, The Ottawa Citizen
TORONTO — Ontario hydro consumers are about to get yet another jolt with their monthly electricity bills. Starting in May, bills will rise an average $3.99 per month for all time-of-use customers. Customers who don’t use smart meters will see a more severe increase of $5.80 per month, on average. The hikes were announced Thursday by the Ontario Energy Board.
The regulatory body said rates are rising due to a diminishing reliance on inexpensive, coal-fired generation. In its place, Ontario is relying on more natural gas, nuclear and renewable generation, including wind and solar power. Read article