Ontario Power Rates Headed for #1 by 2013

The Ontario Government’s Long Term Energy Plan (LTEP) issued in the Fall of 2010 forecast that monthly residential costs would rise from $114/800kWh in 2010 to $167/800kWh in 2015 — a 46% nominal increase or a 33% inflation-adjusted increase.Here are examples of new cost pressures driving up rates that have developed since the LTEP was …

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