Cornwall Electric Customers – Inflationary Rate Increase of 3.31% Effective July 1, 2024

supplied by Cornwall Electric

Cornwall Electric rates will increase by 3.31% on July 1, 2024. This will equate to an increase of $4.82 per month for a residential customer using 1000 kWh per month.

Like all utilities in Ontario, the wholesale cost of electricity is passed on to customers. This cost represents approximately 80% of a customer’s total bill. Jackie Baird, regional manager of Cornwall Electric, says, “The long-term contract with Hydro Quebec is a wholesale contract and has allowed and continues to allow Cornwall Electric’s rates to be among the lowest of any electric utility around and will continue to be. to provide its customers with stability of energy price tariffs and reliable electricity in the future.” She added: “With a global focus on clean energy solutions, Cornwall Electric customers receive almost 100% fossil fuel-free power with this long-term agreement. Almost 100% hydro power is provided by Hydro Quebec and we are committed to continuing to focus on the future of renewable energy for our customers.”

The remaining 20% ​​of the customer’s bill is distribution fees. These fees pay for operating expenses, system maintenance and equipment replacement on Cornwall Electric’s electrical system to provide customers with a safe and reliable supply of energy.

“In recent years, Cornwall Electric has maintained fair and reasonable rates in accordance with the terms of its franchise, and rate adjustments continue to be in line with inflation,” Baird said. “Cornwall Electric remains focused on providing safe and reliable electricity while making decisions in the best interest of customers.”

Typical customer bills fluctuate due to changes in consumption related to temperature and seasonal changes. We encourage our customers to consider signing up for our Equal Payment Plan (EPP) if making the same payment throughout the year on each bill is easier on a customer’s budget. Cornwall Electric continues to promote energy conservation in an effort to help customers lower their energy bills.

We encourage customers to sign up for e-invoicing, which is managed securely within our organization and provides customers with the ability to view e-bills, view and track their electricity usage, and instantly access their usage information. billing. Details are available at Registration for electronic invoicing. The benefits of e-invoicing are no delays in receiving your invoice, 24/7 access to view your invoices and it’s good for the environment!

Cornwall Electric provides electricity to approximately 25,857 customers in the Town of Cornwall, South Glengarry, South Stormont and the Ontario portion of Mohawk Territory in Akwesasne. It is a wholly owned subsidiary of Fort Erie-based FortisOntario with distribution and transportation operations serving approximately 66,000 customers in Fort Erie, Port Colborne, Cornwall, Gananoque and the Algoma District of Ontario. FortisOntario is 100% owned by Fortis Inc. from St. John’s, Newfoundland.