Posted January 11th, 2024
On August 17, 2023, Grimsby Power filed an IRM application with the Ontario Energy Board (OEB) to change rates effective January 1, 2024.
An IRM application is a mechanistic adjustment to distribution rates based on inflation and the OEB’s assessment of the distributor’s efficiency. Inserting these components into a formula result in a 4.80% increase to Grimsby Power’s distribution rates.
The OEB issued its decision on the application on December 14, 2023. Based on the Decision, a residential customer consuming 750 kWh will have a total monthly bill increase of approximately $2.11 after taxes and the Ontario Electricity Rebate, effective January 1, 2024.For more information regarding the application please visit here.
For more information about the 2023 supply mix please click here.
READ ALL ARTICLESFor more information about the 2023 supply mix please click here.
Learn MoreGrimsby Power filed an IRM application with the Ontario Energy Board (OEB) on August 15, 2024 ...
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If you are digging a hole deeper than 30 cm (12 inches) you require a locate to ensure there are no underground power lines. Accidently digging into one of these lines can be very dangerous and expensive. To request a locate, please contact Ontario One Call at 1-800-400-2255. Please call at least one week before you plan to dig.