OEB sets new summer electricity prices for households and small businesses
from Ontario Energy Board
Recently, the Ontario Energy Board (OEB) announced new time-of-use (TOU) electricity prices for households and small businesses starting May 1. The price is increasing by approximately $5.71 per month on the "Electricity" line, and about 4.6 per cent on the total bill, for a household that consumes 800 kWh per month. Increased costs from Ontario Power Generation's (OPG) nuclear and hydro-electric power plants make up about half of this increase. Costs from new generation sources are another driver, representing about one-third of the increase.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063