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Canadian home energy costs to spike by up to 100 per cent on average this winter: analyst

Most Canadians who pay for natural gas or electricity can expect their bills to rise by between 50 and 100 per cent on average this winter, according to one energy analyst.

Some consumers could see their bills rise by as much as 300 per cent while others could see minimal increases, but the overall trend is clear, says EnergyRates.ca founder Joel MacDonald.

Most of what will drive up the cost of home energy this winter is the rising price of natural gas, which generates 8.5 per cent of Canada’s electricity.

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