Hydro-Québec customers will pay for Énergir customers who ditch natural gas heating to switch to dual energy.
A Supreme Court ruling was issued in favor of Hydro-Québec, which objected to the decision of the Régie de l'énergie regarding the agreement concluded with Énergir on dual energy. This agreement stipulated that the government company would pay financial compensation for the gas distributor’s loss of revenues and the increase in electricity prices to recover this compensation.
The Régie de l'énergie's initial positive decision has been challenged, in particular by industrial consumers and environmental groups. Régie reversed its first decision and prevented Hydro-Québec from increasing its prices to accommodate the payments to Énergir.
Hydro-Québec rarely challenged this second decision of the Régie de l'énergie in the Supreme Court, which had just ruled in its favour.
The agreement between Hydro-Québec and Énergir to encourage natural gas consumers to switch to natural gas dual electric power will result in a 1.4% increase in electricity prices, in addition to the regular annual increase. By 2050, $2.4 billion could be taken out of electricity prices to make up for Energear's loss in revenue.
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