The OEB has issued its Final Rate Order

The Ontario Energy Board (OEB) has issued its final rate order for Lakefront Utilities Inc. (LUI) electricity rates.

Per the OEB Final Rate Order: “The total monthly bill for a typical residential customer with an average monthly consumption of 750 kWh will increase by 0.61% or $0.88.” (per month). LUI’s original estimate was to “increase the amount it charges by $1.15 each month “ This represents a decrease of 23.5% from LUI’s original request.

The Final Rate Order can be read here:

Final Rate Order Lakefront Utilities

For more information on the proceedings, click here