Ontario warns new federal clean electricity rules could hike residential bills by up to $168 annually, starting in 2033.

Ontario warns that federal clean electricity rules could add $35 billion in costs by 2050, doubling the province's planned new generation. The Independent Electricity System Operator (IESO) says this would not be feasible and would increase residential bills by $132 to $168 annually starting in 2033. Ontario Energy Minister Stephen Lecce has urged federal ministers to change the rules, while the federal government points to its investments in emissions reductions.

3 months ago
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