The Ontario Energy Board has approved a rate increase for the Fort Frances Power Corporation.
CEO Jorge Ruppenstein says the 3 per cent adjustment impacts items not under their control.
"About twenty per cent of your bill is actually the Fort Frances Power Corporation," says Ruppenstein. "Eight per cent is other stakeholders throughout the industry and we are the collection agency for all of these stakeholders."
Ruppenstein says the increase does not take into account a local rebate that's given annually to Fort Frances Power users.
CEO Jorge Ruppenstein says the 3 per cent adjustment impacts items not under their control.
"About twenty per cent of your bill is actually the Fort Frances Power Corporation," says Ruppenstein. "Eight per cent is other stakeholders throughout the industry and we are the collection agency for all of these stakeholders."
Ruppenstein says the increase does not take into account a local rebate that's given annually to Fort Frances Power users.
