Sign up for our newsletter and get a curated list of the top trending stories and exclusive rewards every day.

Trending Topics

Get the MTL Blog app

Download on the App StoreGet it on Google Play

Hydro-Québec Is Raising Electricity Costs — Here’s How Much Rates Are Going Up

And no, it's not an April Fools' joke!

Associate Editor
Hydro Quebec building.

Hydro Quebec building.

It appears as if your electricity bill will officially be going up today.

As of April 1, 2022 Hydro-Québec will be increasing the rates of electricity by 2.6%. Hydro first announced its intention to increase its rates in a press release back on October 22 and the day has (unfortunately) come.

After increasing its rates by 1.3% in 2021 — Hydro-Québec has now doubled the surge in cost and it's all thanks to... you guessed it: inflation!

Hydro stated that the increase in rates corresponds to the change in the Consumer Price Index in Quebec from September 30, 2020 to September 30, 2021.

Now, what exactly does this mean for you, your electricity bill, and your bank account? Well, you'll have to allocate more leeway in your budget for your electricity bill.

According to the press release, as of April 1, 2022, Quebec residents living in a three-bedroom apartment will be paying $1.92 more per month.

As for those living in a small house measuring 1,200 square feet you can expect a monthly increase of $3.60.

Hydro said that a medium-sized home that measures 1,700 square feet will pay $4.77 more a month, and those living in a larger-sized home measuring 2,230 square feet will pay $5.88 more a month.

Although costs are going up, Hydro and the Quebec government are trying to mitigate the situation as best as possible.

Hydro-Québec shared that the Act to simplify the process for setting electricity distribution rates, which was adopted in December 2019 by the National Assembly, will establish new rates based on the cost of service in 2025, and every five years thereafter.

The press release stated that if the Régie de l'énergie does not intervene, the Quebec government will "set out the terms and conditions of the adjustment to avoid rate shocks."

This article’s cover image was used for illustrative purposes only.

More from MTL Blog

Comments 💬

Our comment section is a place to promote self-expression, freedom of speech and positivity. We encourage discussion and debate, but our pages must remain a safe space where everyone feels comfortable and the environment is respectful.

In order to make this possible, we monitor comments to keep spam, hate speech, violence, and vulgarity off our pages. Comments are moderated according to our Community Guidelines.

Please note that Narcity Media does not endorse the opinions expressed in the comment section of an article. Narcity Media has the right to remove comments, ban or suspend any user without notice, or close a story’s comment section at any time.

First and last names will appear with each comment and the use of pseudonyms is prohibited. By commenting, you acknowledge that Narcity Media has the right to use & distribute your content across our properties.