New Hydro Rates Imposed on Cottage Owners in 2022
If there’s one thing that most people have in common, it’s to save money. There are many things a homeowner can do to try and use less electricity to lower its costs. But what can’t be controlled is the amount of money that Hydro One charges its costumers for the delivery of power.
At the beginning of 2022 Hydro One increased their delivery rates for all types of rate classes. Cottage owners are receiving the “short end of the stick” as their delivery rates are increasing by 5.1.%, which is more than any other residential rate’s class. The visualization below displays the trend of growing delivery rates over the past 12 years. The Orange Line displays the new trend for the past four years. The rate of increase is going up.
Why are Delivery Rates Higher for Cottages and Seasonal Homes?
Seasonal cottage owners have been paying higher delivery rates than urban homeowners for quite a while now. This is simply because cottages are often farther away from generation stations. This means that the delivery lines are longer and are more susceptible to damage and repairs.
What can be done to help reduce delivery rates?
As you can see from the chart provided above, delivery rates have been increasing steadily with no sign of it decreasing. Although hydro one delivery rates are fixed, as a homeowner other action can be made to offset these costs. With the Anorra microgeneration wind turbine, you can harness the power of the wind to help generate your own electricity. Taking less energy from the grid means lower electricity costs, this can help make delivery rates less impactful on your monthly bill. The Anorra is built for cottages, designed, and tested for the harsh Canadian weather.