OEB Issues Rate Order on Espanola Regional Hydro Distribution Corporation's 2009 Electricity Distribution Rates



    TORONTO, Aug. 25 /CNW/ - Today the Ontario Energy Board (the Board)
issued a Rate Order approving changes to the 2009 electricity distribution
rates for Espanola Regional Hydro Distribution Corporation (Espanola).

    In its application, Espanola sought a payments in lieu of taxes (PILs)
expense of $29,101 be reflected in rates, which the Board found reasonable.
The impact on a typical residential customer's bill, using 1,000 kWh per
month, will be an increase of $0.52 per month effective May 1, 2009.

    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.


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For further information:

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


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