Ontario electricity has never been cheaper, but bills have never been higher

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Thunder Bay Hydro customers impacted by power outage

Thunder Bay Hydro customers impacted by power outage

The more the wind blows, the bigger the losses and the higher the hit to consumers. You may be surprised to learn that electricity is now cheaper to generate in Ontario than it has been for decades. The wholesale price, called the Hourly Ontario Electricity Price or HOEP, used to bounce around between five and eight…