Update on Electric Prices

It’s been a while since I’ve updated my Ohio vs Ontario electric price charts.  I own properties in both and I have my electric bills starting in 2000.  In both locations the prices can vary with locality, but at least the general trends are clear.  Below is a graph showing the prices in their respective local currencies, for 2000 up to October 2015.  There’s no question whose rates are going up the fastest.  The trendline equations need some explanation.  As an example, the “0.064x” means that the price in Ontario is going up at a rate of 0.064 cents/kw-h each month.  So in the 193 months covered by the chart the price has gone up by 12.35 cents.

ont-ohio-elect-151112-1 Regardless of how anyone might spin it, the price increases in Ontario far exceed those in Ohio, by almost a factor of 4.

Next I show the comparison in Canadian dollars.  The Ontario line is the same as the first chart but now the Ohio line is drawn as though a Canadian person or company were purchasing it.  Note that the trendline is DOWN!

ont-ohio-elect-151112-3

Finally I show the comparison in US Dollars.  The Ohio line is the same as the first chart but now the Ontario line is drawn as though a US person or company were purchasing it.  Note the now even-steeper climb of Ontario’s rates.

ont-ohio-elect-151112-2

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