News

The debt retirement charge (DRC) is a charge payble on electricity consumed in ontario that pays down the debt of the former ontario hydro

Monday, November 30, 2015
Effective January 1, 2016, the Ontario government is removing the Debt Retirement Charge (DRC) from all residential customers’ bills. The DRC is to remain on all other electricity users’ bills until the residual stranded debt is retired — this has been estimated to occur by the...

Notice of hearing for festival hydro's 2016 Incentive Regulation Mechanism (IRM) application

Tuesday, September 15, 2015
Festival Hydro has applied to the Ontario Energy Board (OEB) to adjust the rates it charges for the distribution of electricity effective January 1, 2016. Attached is the OEB’s Notice to Customers, which may be found here. A copy of this Notice, along with the 2016 IRM...