REPORT 

Ontario Manufacturers Could Pay Up to 75% more for Electricity than US Counterparts 

OVERVIEW

London Economics International, a globally-experienced energy advisory firm, issued today an independent report supporting what manufacturers have been saying for years - Ontario manufacturers pay much more in electricity than their counterparts in similar jurisdictions. This is affecting manufacturers' competitiveness and, investments in the province.

The report investigates electricity costs in detail and looks at industrial jurisdictions in the US and Germany for comparison. The data shows that:

• The average manufacturing SME could be paying up to 75% more than their US counterparts;
• Rates increased by 86% in the last decade in Ontario for SMEs (Class B consumers), significantly more than in comparable US states; and,
• Disparities in costs are more prevalent for  small and medium businesses 

WHY IT'S IMPORTANT 

For the first time, manufacturers have more than anecdotal evidence to show to the government that decisive action is required to maintain manufacturers' competitiveness.    

NEXT STEPS 

• CME will review the finding of the reports and, conduct its own research to develop a report and a  set of recommendations for the government based on member input. 
• CME will leverage the findings of the report and will continue to meet with public officials on behalf of manufacturers. 

LEARN MORE 

• CME Press Release
• About CME's advocacy plan in Ontario (Industrie 2030)

FOR MORE INFORMATION
Alex Greco, Director, Manufacturing Policy
647-455-2197 | alex.greco@cme-mec.ca