Hydro-Quebec rates rise by 4.3% - Before you buy I will tell you the electricity cost

April 1 2014 -The cost of electricity went up this morning.

Hydro-Quebec rates for residential customers are now up by 4.3 percent; industrial clients are dealing with a 3.5 percent hike.

The provincial utility had asked for a steeper increase by were refused by the Energy Board.

The cost of the fee hike is estimated at $95 to $120 per year for most homeowners, and is expected to add $418 million to Hydro-Quebec revenues this fiscal year.

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Marlene Ofter

Marlene Ofter

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CENTURY 21 Max-Immo
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