TORONTO, April 7 /CNW/ - Today the Ontario Energy Board (the Board)
issued a Rate Order to reflect its Decision on 2009 electricity distribution
rates for Lakefront Utilities Inc. The new rates are effective May 1, 2009.
The impact on the delivery portion of the bill resulting from the
decision will result in a decrease of 0.9% for residential customers using
1,000 kWh per month. The delivery portion makes up approximately one-third of
the total bill. The distribution rates take effect May 1, 2009.
For more information please refer to the 2009 Electricity Distribution
Rates Backgrounder on the Board's website site at
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 towards this vision through
regulation that is effective, fair and transparent. For more information on
the Board, please visit our website at www.oeb.gov.on.ca or contact the
Consumer Relations Centre at 416-314-2455 or toll-free at 1-877-632-2727.
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For further information:
For further information: Vanda Wall, Ontario Energy Board, (416)