Electricity Costs

September 20, 2017 Hot Topics

Ontario’s auto plants have the highest electricity rates compared to auto plants in competing U.S. states creating a competitive cost gap compared to the U.S. and pay the highest rates of any other sector within the province (2-3 times higher). This cost gaps is equivalent to $80M – $126M annually, or the cost of a new product program every 4-5 years.