Hydro Quebec Electricity Rates Comparison
Based on information available to date the canadian consumer price index is 843.
Hydro quebec electricity rates comparison. Hydro quebec is one of the largest hydroelectricity producers in the world. The company serves nearly the entire province with the exception of some municipalities with their own utility companies such as sherbrooke and coaticook. The rate applicable to hydro quebecs residential customers is among the most advantageous in north america. Figure 1 illustrates the results of this comparison.
Residential customers monthly bills for a consumption of 1000 kwhmonth in ca. In the united states new york customers pay 306kwh or 4 times more than montrealers for the same amount of electricity. Hydro quebec is the main electricity generator and distributor in quebec. Thanks to quebecs huge water resources almost 100 of the provinces.
This graph illustrates inflation rates and energy prices in quebec from 1963 to 2019. Every year hydroquebec compares the monthly electricity bills of quebec residential commercial institutional and industrial customers with those of customers of the various utilities serving 21 major north american cities. Electricity prices follow the inflation curve while oil and natural gas prices show greater fluctuations. Hydro quebec 100 monthly bill excluding taxes rates in effect april 1 2020 figure 1 141.
It also applies to farms whose maximum power demand meets this threshold. In montreal as in the rest of quebec residential consumers pay an average price 73 per kilowatthour kwh compared to winnipeg at 94kwh vancouver at 116kwh and toronto at 139kwh. Lowest rates in north america.