Hydro-Québec rate increase

Tuesday April 1, 2014

Hydro-Québec rate increase New rate chart

Since April 1, the Quebec electricity consumers face an increase of 4.3% of their annual bill. Hydro-Québec asked the Régie de l'énergie a rate increase of 5.8%, but the Régie finally decided for an increase of 4.3%.

In fact, the increase for the demand charge is 2.6% and 2.2% for large clients in rate "M" and "L" respectively. The energy price, on the other hand, rose by 4.9% and 4.2%. Therefore, the effective average increase for rate "L" clients will be 3.45% reported by Hydro-Québec.

Click the following link to view the new Hydro-Québec rate chart.

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