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.

December 02, 2024
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