The Ontario Energy Board (OEB) announced today new electricity prices for households and small businesses, effective November 1, under the Regulated Price Plan (RPP). The winter time-of-use (TOU) hours will also take effect November 1.
The total bill for a typical residential customer, who uses 700 kWh per month, will increase by about $1.99 or 1.8%, which is in line with the rate of inflation, as a result of the following changes:
With changes in legislation, prices...
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