It has nothing to do with the meter. In fact, the rollout of next-generation meters will lead to recurrent savings of $81 million a year. These savings will have a positive impact on rate changes. However, other things, such as purchases of wind energy or purchases of power made necessary by last winter’s cold weather, have the opposite effect. That’s why Hydro-Québec has to apply for a 1.7% rate increase this.
But aside from rates, what makes the biggest difference to your bill are temperature changes and changes in your energy use habits. These are the five main factors that affect the amount of your hydro bill.
It’s also important to remember that the last two winters have been extremely harsh. In 2015, there were 50 winter days with temperatures below normal, which meant that most of our customers used more electricity than usual. It’s a different story this year!