Alert
Unfortunately, we are not able to proceed with your registration if you do not have the power to enter your company into a legally binding agreement with NT Power.
Ontario Energy Board (OEB) Approves Rate Increase Effective May 1, 2022
Published Date
Monday, April 18, 2022
THE OEB APPROVES RATE INCREASE EFFECTIVE MAY 1, 2022.
Newmarket-Tay Rate Zone (NTRZ) and Midland Rate Zone (MRZ) distribution rates will see an increase of 2.7% and 3.15% respectively. The annual adjustment mechanism details can be found in Section 4 of the Decision and Order listed below. As a result of the decision, there will be a monthly total bill increase in the amount of $3.86 in the Newmarket-Tay rate Zone and $4.11 in the Midland Rate Zone for a residential customer consuming 750 kWh’s effective May 1, 2022. These changes do not factor in applicable taxes or the OER.
The full Decision Rate Order issued by the OEB can be viewed by clicking on the following link: