As per the Ministry of Energy “starting this summer, electricity bills will be reduced 25 on average for households across Ontario.” This will be beneficial to many small businesses and farms!
“Bills won’t increase beyond rate of inflation for four years.”
Read here for more information from Ministry of Energy.
Read here for other information.
Resources:
Ministry of Energy. (2017). Ontario’s fair hydro plan. Retrieved from https://www.ontario.ca/page/ontarios-fair-hydro-plan?_ga=1.77957076.1364949227.1488634465
Osler Hoskin & Harcourt LLP. (2017). Ontario’s “Fair Hydro Plan” changes provincial electricity pricing and expands opportunities for behind-the-fence generation.https://www.osler.com/en/resources/regulations/2017/ontario-s-fair-hydro-plan-changes-provincial-ele?utm_campaign=Osler-Update&utm_medium=email&utm_source=Ontarios-Fair-Hydro-Plan-changes-provincial-electricity-pricing-and-expands-opportunities-for-behind-the-fence-generation&utm_content=English
