"Why doesn’t Hydro-Québec respect the rates approved by the Régie de l'Énergie? 140 characters or less!!"
A question from
JacquesAnjou February 09, 2016
As on all social media, we post questions exactly as we receive them. They are then translated.
Our answer
We apply the rates set by the Régie de l’énergie.
To determine which rate adjustments we will ask from the Régie de l’énergieThis link will open in a new window and is an external link., we base ourselves on the expenses that the company will incur to provide electricity service to all Québec customers in the next year and on the revenue we expect to receive from customers when they pay their electricity bills.
Sometimes, this revenue is greater than the anticipated expenses. In this case, the Régie could decrease electricity rates, as it did in 2011 and in 2012.
However, if revenue is lower, Hydro-Québec asks for a rate increase to cover its expenses and achieve a balance.
Learn how rates are set:
https://youtu.be/LA0MwgLCGN0
How are electricity rates set ?
