NEWS
10/16/2014 03:18 EDT | Updated 12/16/2014 05:59 EST

Hydro bills set to increase for winter

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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