Residential electricity prices increased 71 per cent in Ontario.
Ontario’s electricity prices increased by 71 per cent.
Ontario announced no measures to tackle the underlying problems in the province’s electricity market that cause higher prices.
Solar and bioenergy generators absorb 15 per cent of the surcharge yet generate only three per cent of Ontario’s electricity.
Residential electricity prices in Toronto rose by 5 per cent in one year.
The surcharge increased by 13 per cent.
Subsidies to renewable generators still represent approximately 34 per cent of the total surcharge cost.
Ontario has the fastest-growing electricity costs in Canada and among the highest rates in North America.