Cost of Cornwall Electric to rise 1.67% this summer

In this October 2016, file photo, the Cornwall Electric offices on Sydney Street in Cornwall, Ont. (Newswatch Group/Bill Kingston, File)

CORNWALL – Cornwall Electric customers will see the cost of their utility go up just under 2 per cent this summer.

Cornwall Electric announced today that rates will increase 1.67 per cent or about $2.38 a month for a homeowner with a monthly consumption of 1,000 kilowatts of power.

The new rate takes effect July 1.

It’s slightly more than the rate increase last year of 1.53 per cent. The increase was 2.3 per cent in 2021, 2.95 per cent in 2020 and 2 per cent in 2019.

Cornwall Electric – part of FortisOntario – has just over 25,000 customers in Cornwall, parts of South Glengarry and South Stormont, and Cornwall Island.