Business Distribution Rates - Effective May 1, 2010

Horizon Utilities Corporation announces that the Ontario Energy Board (OEB) approved electricity distribution rate increases for Horizon Utilities business customers with these rates being implemented on May 1, 2010.

Current Rates: As of May 1, 2010

• Horizon Utilities Rates effective May 1, 2010

• Horizon Utilities Specific Service Charges effective May 1, 2010

   Rates: Up to April 30, 2010

• Horizon Utilities Rates: November 1, 2009 - April 30, 2010

For more information about distribution rates and delivery charges Click here

Electricity Rates and the Regulated Price Plan

The Ontario Energy Board (OEB) announced prices for the period from May 1, 2010 to October 31, 2010 for the Regulated Price Plan that represents the cost of electricity consumed. The OEB has determined that an RPP price adjustment is needed to reflect the true cost paid to the generators for electricity. These prices are reflected on the "Electricity" line of consumers' bills

From May 1, 2010 to October 31, 2010, prices for Regulated Price Plan business consumers who buy their electricity commodity from a utility will be 6.5 cents per kilowatt hour for electricity use up to the 750 kilowatt hour threshold per month and 7.5 cents per kilowatt hour for consumption above that threshold.

For more information about electricity prices and the cost of electricity you consume, please visit www.oeb.gov.on.ca