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Ontario's electricity rates to go down in advance of implementing the 'Fair Hydro Plan'

from Energy Insider

On April 20, the Ontario Energy Board (OEB) announced that the electricity supply cost (Regulated Price Plan or RPP) for residential and small business customers will be reduced starting on May 1. As explained in the OEB's Regulated Price Plan Price Report, the reduction in RPP results from the anticipated impact of implementing the aspect of the "Fair Hydro Plan" that will spread the recovery of the Global Adjustment (GA) costs over a longer period and reduce the current costs. more

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