Hydro rates to remain stable through 2020: energy plan
Metro Toronto

By Ottawa Metro News, October 26, 2016

Ontario electricity rate hikes will be held to the rate of inflation over the next four years, according to the province’s latest Long-Term Energy Plan.

In the first energy blueprint since 2013, the Liberal government said prices will actually be lower than forecast four years ago — thanks to the 25 per cent rebate known as the Fair Hydro Plan that took effect this past summer.

(...)The government estimates that the equivalent of 8.6 per cent of supply is coming from conservation efforts.

There are no new major energy projects announced in the plan — the Liberals believe existing infrastructure as well as increased small green-energy, such as roof-top solar panels, will be enough to meet demand over the next 18 years.


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