Kitchener Utilities

Cap and trade removed from Kitchener Utilities bills

Posted on Tuesday September 25, 2018

Council approved the recommendation to remove the Ontario Cap-and-Trade charges from Kitchener Utilities bills effective Oct. 1, 2018. Removing the provincial cap and trade charge should reduce the average residential Kitchener Utilities customer bill by about $81.30 annually.

Council also approved staff’s recommendation to hold natural gas rates consistent at the current rates (see appendix A). Customers have told us they prefer stable rates and through careful management of our gas portfolio and expenses, we are pleased to keep rates the same over the next 12 months. As one of only two municipally owned utilities in Ontario, rates are regulated by Kitchener City Council, not the Ontario Energy Board (OEB). Rates are set annually each fall.

Despite the cancellation of the provincial cap and trade program, Kitchener Utilities understands the environment remains a top priority for residents and is committed to offering customers conservation programs and tips to help them save money and energy.