OPG has discovered that consumers owe even more money, on top of the 30% increase requested in its most recent OEB payment amounts filing. Main reason… think about the recent Auditor General’s report and then take a wild guess.
On December 6, OPG filed an updated exhibit N for its rates case EB-2013-0321. You can find the exhibit on the OEB site here.
The updated evidence moves several business parameters up and down, but the biggest single factor is a $146.2 million increase in pension and other post-employment benefits costs.
The monthly impact impact for the average household of all OPG’s changes is to increase what was to be a $5.36 per month increase up to now a proposed $5.94 per month hit.