The price of electricity in Ontario has taken another jump.
Beginning on Sunday, the price of electricity jumped half-a-cent to 18 cents a kilowatt per hour during peak periods – that’s between 11 a.m. and 5 p.m. during the week.
During mid-peak hours, customers can expect to pay 13.2 cents and 8.7 cents during off-peak hours.
The Ontario Energy Board (OEB) estimates the change will work out to an additional $3.00 on average to a customer’s monthly hydro bill.
The OEB says electricity consumption was down during the winter months because of warmer weather.
They say this increase will help them make up for the shortfall.
