The OEB's announcement about the new RPP rates indicates that the total monthly bill for a typical residential customer will be around 17% (or $26) lower than would have been the case without recent changes. It should be noted that this estimate takes account of the already-implemented removal of the provincial portion of HST (which has been in place since January 1, 2017) as well as the shift of OESP costs from electricity distribution rates to become funded from tax revenues.
Ontario's Electricity Rates To Go Down In Advance Of Implementing The Fair Hydro Plan
On April 20, 2017, the Ontario Energy Board (OEB) announced that the electricity supply cost (Regulated Price Plan or RPP) for residential and small business customers will be reduced starting on May 1. Canada Energy and Natural Resources Aird & Berlis LLP 27 Apr 2017
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