News Post

2026 IRM Rate Application

As we continue to expand to meet the electricity demand for Milton's growing community and to help keep up with rising costs, a rate adjustment has been requested from the Ontario Energy Board (OEB) for January 1, 2026.

Milton Hydro's requested rate adjustment* is set using an OEB-approved formula which is tied to inflation and other factors intended to promote efficiency.

*Please note: Posted rates are preliminary and will change subject to new transmission rates and RPP rates, which aren't approved by the OEB until later in the year.

Rate Class Total Bill Impact
Residential 750 kWh $0.12 per month
General Service less than 50kW (2,000 kWh) $1.26 per month