Hydro-Québec announces a 2.6% rate increase as of April 1; disgruntled opposition parties – .

Hydro-Québec announces a 2.6% rate increase as of April 1; disgruntled opposition parties – .

Hydro-Quebec will increase its electricity rates by 2.6% as of April 1, the utility giant announced Friday.

This is a larger increase than the previous one, which was 1.3%.

This increase, which will affect all tariff categories except the large industrial tariff (tariff L), represents an indexation according to inflation, explained Hydro-Quebec.

To achieve this 2.6 percent adjustment, Hydro-Quebec used a method recognized by Statistics Canada and the province’s Energy Regie, he said.

The company noted the evolution of the consumer price index in Quebec between September 30, 2020 and September 30, 2021, excluding the prices of alcoholic beverages, tobacco products and recreational cannabis.

The inflationary increase in electricity rates is provided for in a law that the Legault government passed in December 2019 – a law aimed at simplifying the process for setting electricity distribution rates.

The law links rates to inflation and exempts Hydro-Québec from an annual review by the Régie de l’énergie.

Tuesday, in Quebec, the opposition parties united to denounce the “staggering” increase in tariffs.

But Energy Minister Jonatan Julien said he had no intention of intervening to limit the increase in electricity tariffs.

“What we are giving Quebecers is predictability … based on inflation,” he said at a press conference on Tuesday.

“There is nothing more predictable than this, and we will not interfere politically to change that. “

Quebec solidaire parliamentary leader Gabriel Nadeau-Dubois said he felt inflation, by definition, “is very difficult to predict.”

The leader of the Parti Québécois (PQ), Paul St-Pierre Plamondon, said that it is the most vulnerable families who will pay the price of these tariff increases.

The consequence of the Legault reform “is that now Hydro-Quebec can increase the bills of all Quebecers without even having gone before the council”, supported the liberal leader Dominique Anglade.

According to Hydro-Québec, for residential customers who heat with electricity, the monthly impact of the 2.6% increase on April 1 will be $ 1.93 per month on average for a five-and-a-half-room apartment, $ 3.60 per month for a small house, $ 4.77 per month for a medium-sized house, and $ 5.89 per month for a large house.

In addition, Hydro-Québec maintains the suspension of administration fees for unpaid bills it introduced due to the health crisis, provided that a payment agreement is reached.

This report by La Presse Canadienne was first published in French on October 22, 2021.


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