Rate changes in Collingwood and area

The Ontario Energy Board has approved changes to your distribution rates as of May 1st.  A typical residential customer can expect an increase of approximately 5% ($7). The changes include an inflationary increase in distribution rates, along with updates to transmission rates and settlement of commodity variance accounts.  

For a residential customer, the increase is due to a combination of:

• ​20%  - A 4.65% distribution inflationary increase (rate determined by the OEB)
• 50% -  Settlement of commodity variances (Customers ultimately pay for the true cost of the power consumed)
• 30% -  Increased Hydro One transmission costs​