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Ontario Household Electricity Rates Set to Jump May 1st
Exactly one month after Ontarians got a break on natural gas rates, comes word that electricity prices will spike across the province as of May 1st. According to the Ontario Energy Board, Ontarians will soon be paying more than twice as much for electricity during peak demand periods than off-peak times, adding $5.71 to the average monthly household electricity bill, or $68.52 for the year. Starting May 1, the price for peak periods - weekdays from 11 a.m. to 5 p.m. - will be 16.1 cents per...
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