Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is the rate charged for electricity by Utilities Kingston regulated?

April 26, 2017charged electricity Kingston rate regulated utilities

0

0 Posted

Is the rate charged for electricity by Utilities Kingston regulated?

1 Answer

0

0 Posted

Yes, the rate charged to you by Utilities Kingston is regulated by the Ontario Energy Board. This rate, known as the Standard Supply Service rate will be based on an annual price forecast. At the end of the forecast term, typically a year, the difference between the forecast and the actual price will be calculated and adjustments made.