OEB issues rate order on 2009 electricity distribution rates for Canadian Niagara Power Inc.'s Fort Erie and Eastern Ontario Power (Gananoque) service areas



    TORONTO, Aug. 26 /CNW/ - Today the Ontario Energy Board (the Board)
issued a Rate Order to reflect its Decision on 2009 electricity distribution
rates for Canadian Niagara Power Inc.'s (CNPI) Fort Erie and Eastern Ontario
Power (Gananoque) service areas. The new rates are effective May 1, 2009, but
will not be implemented until September 1, 2009.

    As a result of this Rate Order, the bill associated with the cost to
distribute electricity for a typical residential customer using 1,000 kWh per
month will increase by approximately $6.10 per month in its Fort Erie service
area and approximately $12.45 per month in its Eastern Ontario Power service
area.

    In addition, the Board approved CNPI's proposal to harmonize the
distribution rates of the two service areas, except for the recovery of costs
specific to a service area, such as low voltage supply costs, retail
transmission costs and distribution loss adjustment factors. The difference
between the bill impacts in the service areas reflects the rate harmonization.

    A table of the estimated bill impacts on residential consumers is
available on the Board's website at  
http://www.oeb.gov.on.ca/OEB/_Documents/2009EDR/bill_impacts_2009.pdf.

    For more information please refer to the 2009 Electricity Distribution
Rates Backgrounder on the Board's website site at
http://www.oeb.gov.on.ca/OEB/_Documents/Press+Releases/bckgrndr_edr.pdf.

    The Ontario Energy Board regulates the province's electricity and natural
gas sectors in the public interest. It envisions a viable and efficient energy
sector with informed consumers and works toward this vision through regulation
that is effective, fair and transparent. For more information on the Board,
please visit our web site at www.oeb.gov.on.ca or contact the Consumer
Relations Centre at 416-314-2455 or toll-free at 1-877-632-2727.

    Ce document est aussi disponible en français.




For further information:

For further information: Vanda Wall, Ontario Energy Board, (416)
440-8149


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