News Post

2027 IRM Rate Application

As Milton Hydro continues to invest in infrastructure to support Milton's growth and maintain reliable service, the company has applied to the Ontario Energy Board (OEB) for a rate adjustment effective January 1, 2027.

The Application includes a rate adjustment determined using the OEB's approved inflation-based formula and a request for incremental capital funding related to the Palermo Transformer Station (TS) Upgrade and Feeder Expansion Project.

If approved as filed, the Application would result in the following estimated total bill impacts:
 
 Rate Class  Total Bill Impact 
 Residential 750 kWh  $2.16 per month
 General Service less than 50kW (2,000 kWh)   $3.74 per month