Ontario cottage owners are in for a shock this fall as electricity rates for seasonal customers are set to rise by as much as 129 per cent.
The Ontario Energy Board (OEB) tasked Hydro One with developing a billing model that would eliminate the class under which most seasonal customers have their hydro fees assessed.
In a letter to customers last week, the electricity provider warned that if the OEB eliminates the seasonal rate class, hydro bills would rise for more than half of them.
A spokesperson for the OEB said Hydro One customers would then be moved to one of the utility’s other three residential classes, based on the population density of the area, and the infrastructure and equipment costs that come with delivering electricity.
Hydro One sent its official analysis of the proposal to the OEB on July 19. The OEB is issuing public notice of hearings into the proposed elimination of the seasonal class.
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