Coopérative Hydro Embrun Inc. lowers fixed monthly charges in 2023
Coopérative Hydro Embrun’s customers will benefit from a lower monthly fixed charge effective January 1, 2023. The Ontario Energy Board approved the reduction request on December 1.
The fixed monthly charge for the residential class will drop from $37.44 to $35.59, a reduction of $1.85 per month or 5% from the previous year.
Board members are pleased with this decrease given the inflationary trend in the price of goods and services. “At the last membership meeting, the Board of Directors committed to doing everything in its power to help control the cost of delivering electricity to our customers. The 5% reduction in the fixed monthly charge will help our customers and their families during these difficult economic times,” said Board Chairman Michel Provost.
The fixed monthly charge is the only revenue generating component of Coopérative Hydro Embrun’s overall operations. It represents 27% of each bill.
For more information, please contact our team at 613-443-5110.