Why does Ontario’s electricity cost so much? A reality check
Ontarians pay steeper rates for their power than any other province, and a decade’s worth of policy choices have made it that way. Adrian Morrow and Tom Cardoso address the key questions about how we got here and what the province could do to fix it.
Electricity prices in Ontario have soared in the past decade. Since 2006, the top rate for power has risen four times as fast as inflation.
The problem has aggravated voters, piled on costs for business – particularly factories and other industrial enterprises – and remained one of the most persistent hot buttons for the province’s politicians.