Monday, October 17, 2022

EXPECT VERY HIGH ENERGY BILLS THIS WINTER

   Most Canadians who pay for natural gas or electricity can expect their bills to rise by between 50 and 100 per cent on average this winter, according to one energy analyst.
   Some consumers could see their bills rise by as much as 300 per cent while others could see minimal increases, but the overall trend is clear, says EnergyRates.ca founder Joel MacDonald.
   “In general, Canadians join the global community in seeing exceptionally high electricity and natural gas bills," MacDonald told CTVNews.ca in a phone interview on Friday. "There are a few provinces where some of those increases are muted by the structure of the marketplace, but in general the answer is very high energy bills."

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