News Post

2024 IRM Rate Application

As we continue to expand to meet the electricity demand for Milton's growing community and to help keep up with rising costs, a rate adjustment has been requested from the Ontario Energy Board (OEB) for January 1, 2024.

Milton Hydro's requested rate increase is set using an OEB-approved formula which is tied to inflation and other factors intended to promote efficiency.
Rate Class Total Bill Impact
Residential 750 kWh $7.03 per month
General Service less than 50kW (2,000 kWh) $16.66 per month

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