ONTARIO ENERGY BOARD SETS NEW ELECTRICITY PRICES FOR HOUSEHOLDS AND SMALL BUSINESSES
October 28, 2019
The Ontario Energy Board (OEB) announced on October 22, 2019 new electricity prices for households and small businesses, effective November 1, under the Regulated Price Plan (RPP). The winter time-of-use (TOU) hours will also take effect November 1. The total bill for a typical residential customer who uses 700 kWh per month will increase by about $1.99 or 1.8%, which is in line with the rate of inflation.