Explaining the Electricity Sector in Ontario
On October 19, 2023 the Ontario Energy Board announced an electricity rate increase to be effective November 1, 2023. The Ontario Electricity Rebate (OER) increases to 19.3% at the same time. Conspicuously missing is any reference to the net impact on customer bills. It is not a simple task for the ratepayer to figure out […]
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The rising cost of electricity in Ontario has been a contentious issue for decades. Most people are aware that costs have increased but few have an understanding of the drivers and how much each of them impact our bills. The largest portion of the average consumer’s electricity bill is for energy, making it a good […]
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In Ontario, the future of Time of Use (TOU) rates on the Regulated Price Plan (RPP) are under scrutiny with a view from the current government to scrap them entirely. How would scrapping TOU impact ratepayers? The short answer is that the average customer sees no change to their energy cost. Those who successfully shifted […]
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A number of articles have appeared in the media over the last few weeks about the cancellation of 759 renewable energy contracts from 2018. The trigger for the interest has been the revelation that contract cancellation costs are going to be $231 million. The government is reminding us that we are saving $790 million by […]
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A friend of mine received a notification in late October about electricity rates which he thought was so completely outrageous that it had to be ‘fake news’. Unfortunately, it is not fake news. On the other hand it is not as bad as it may appear at first glance. You need to read the fine […]
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In Ontario, electricity consumers have a choice of how they pay for their energy. Exercising that choice is a gamble that may wind up costing you dearly. By default most customers will pay for energy in accordance with the Regulated Price Plan (RPP) which is managed by the Ontario Energy Board (OEB). Alternatively, customers may […]
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