Over the past year and a half Ontario home-owners have seen an over 11% increase in their electricity costs; since deregulation of the industry in 2005, prices have increased over 50%
MISSISSAUGA, ON, May 2, 2012 /CNW/ - Effective May 1, Ontario consumers were hit with yet another price increase on their electricity bills. This increase marks the highest electricity prices Ontario home-owners have seen since deregulation of the industry in 2005. This trend has been consistent for the past year and a half and is expected to continue for some time.
An increase in Ontario electricity prices is largely influenced by the substantial cost of implementing renewable, green energy sources to position the province of Ontario as a green energy leader.
MyRate Energy offers an alternative to increasing electricity prices.
As the shift to renewable energy sources continues, electricity prices will only go up along with the cost to generate it.
MyRate Energy offers Ontario home-owners the opportunity to lock-in low energy prices, and maintain those rates for up to 5 years.
Ontario electricity utilities increased their prices on May 1st. MyRate Energy did not.
To learn more about historical electricity prices, current pricing, and more information on long-term energy agreements, visit MyRateEnergy.ca.
About MyRateEnergy:
MyRate Energy is a small business based out of Mississauga, Ontario. Since 2009, Canadian-owned MyRateEnergy has offered residential and commercial customers in Ontario low energy rates and electricity price protection. The appliance protection program is the latest addition to their home services line-up. For more information, visit MyRateEnergy.ca.
For further information:
Paul Tyler, [email protected], 905 235-2731
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