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For an Objective Analysis of the Facts

Scientific Studies and Reports

1 April 2012

COMPARISON OF ELECTRICITY PRICES

Every year, Hydro-Québec compares the m­onthly electricity bills of Québec customers in the resi­dential, commercial, institutional and industrial sectors with those of customers of the various utilities serving 21 major North American cities.

This report details the principal conclusions of this comparative analysis of prices in effect on April 1, 2012.

There are three sections. The first describes the method used to estimate electricity bills. The second examines the highlights of the seven consumption levels analyzed, with the help of charts. Finally, the third section presents the results of the 21 consumption levels for which data were collected and compiled in the form of summary and detailed tables.

The most recent rate adjustments, time-of-use rates, adjustment clauses and applicable taxes, as well as a profile of the utilities in the study, appear in separate appendices.

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