NEWS

Hydro bills set to increase for winter

10/16/2014 03:18 EDT | Updated 12/16/2014 05:59 EST
Ontario hydro bills are scheduled to increase as temperatures decrease, the Ontario Energy Board announced Thursday.

The price per kilowatt hour will go up for on-, off- and mid-peak hours of the day starting November 1.

The Board says the changes will translate into a 1.7 per cent increase on a typical bill. That's about $2 a month for the average household.

The lowest priced periods remain weekdays from 7 p.m. to 7 a.m., as well as all day during weekends and holidays. The off-peak price will be 7.7 cents per kilowatt hour — a two cent increase from current prices.

Electricity prices in Ontario have now gone up 51 per cent in off-peak usage, 41 per cent in mid-peak usage and 41 per cent in peak usage in the last four years.

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