TORONTO, Sept. 10 /CNW/ - Today the Ontario Energy Board (the Board)
issued a Rate Order for a Decision on a 2008 electricity distribution rate
application for Wellington North Power Inc. (Wellington North).
As a result of this Decision, Wellington North's distribution rates will
increase by 17%. The new distribution rates take effect September 1, 2008.
Wellington North's distribution costs make up approximately 36% of the
total costs to provide electricity to consumers. As a result of this Decision
and May 1, 2008 changes to the regulated price of electricity and the amount
of electricity consumers can consume at the lower threshold price under the
Regulated Price Plan, the total monthly bill for a residential consumer using
1,000 kWh per month will increase by approximately 9%.
A table of the estimated bill impacts on residential consumers is
available on the Board's website at
Distribution rates are set to recover the cost to deliver electricity to
consumers based on an individual utility's cost of providing electricity
service. Distribution rates are reflected in the "Delivery" line of consumers'
For more information please refer to the 2008 Electricity Distribution
Rates Backgrounder on the OEB 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 served by responsive regulatory processes that
are effective, fair and transparent.
For more information, please refer to the attached backgrounders, visit
the OEB website 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)