Higher Profits and Lower Bills: A New Electricity Strategy for Hydro Quebec

Higher Profits and Lower Bills: A New Electricity Strategy for Hydro Quebec. Hydro Quebec’s profits will fall by 24% and its rates will rise by 8% according to this new report released by Equiterre and the Ontario Clean Air Alliance (OCAA). Having developed all of the province’s low-cost hydro-electric resources, Hydro Quebec can no longer increase its profits and lower its rates by building new low-cost hydro facilities. For the French version, please click here.