Grimsby Power’s 2019 rates have been approved in accordance with the Ontario Energy Board’s Price Cap Incentive Rate-Setting. The Price Cap methodology provides for a mechanistic and formulaic adjustment to distribution rates and charges. Specific service charges, allowances and loss factors remain the same.
As a result of the rate change there will be a total bill decrease of $0.52 for a residential customer consuming 750 kWh a month.
The total bill change for a sample of Grimsby Power customers is listed below.
If you have any questions regarding the rate change or would like a printed copy of Grimsby Power’s rates and charges please contact us at 905-945-5437 and select Option 2.
View the full rate application here.