Fact Check: Has Ontario Dropped Electricity Tariffs?
What We Know
The claim that Ontario has dropped electricity tariffs is false. In fact, the Ontario Energy Board (OEB) announced an increase in electricity prices effective November 1, 2023. Specifically, the prices under the Regulated Price Plan (RPP) for households, small businesses, and farms are set to rise, with the winter Time-of-Use (TOU) hours and changes in tiered pricing thresholds also taking effect at this time (Ontario Energy Board).
Additionally, Ontario has imposed a 25% surcharge on power exports to the United States, which is effectively a tariff on electricity exported from Ontario. This decision was made in response to tariffs imposed by the Trump administration on Canadian imports (Utility Dive).
Analysis
The assertion that Ontario has dropped electricity tariffs contradicts multiple reliable sources. The Ontario Energy Board's announcement of an increase in electricity prices indicates a rise in costs for consumers, rather than a decrease. This increase is part of a broader trend of rising electricity rates in the province, which have been a concern for residents and businesses alike (Life by Numbers).
Moreover, the imposition of a 25% surcharge on electricity exports to the U.S. further highlights that Ontario is not reducing tariffs but rather increasing costs associated with electricity. This surcharge is a direct response to external tariffs and reflects a strategic economic decision rather than a reduction in electricity tariffs (Utility Dive).
The sources cited are credible, with the Ontario Energy Board being the regulatory body overseeing electricity prices in the province, and Utility Dive being a reputable news outlet focused on the energy sector. Both provide clear and factual information regarding the current state of electricity tariffs in Ontario.
Conclusion
The claim that Ontario has dropped electricity tariffs is false. Instead of a reduction, Ontario is experiencing an increase in electricity prices and has implemented a surcharge on electricity exports. These developments indicate a trend of rising costs rather than a decrease, contradicting the claim in question.
