Update: Homeowners could see Hydro rates jump by up to $2.95 a month

Hydro-Québec plans to ask Quebec’s Régie de l’énergie for permission to raise hydro rates by 1.1 per cent, it said on Tuesday.
The utility said it needs the extra money to deal with an increase in the cost of buying electricity from private producers and for planned infrastructure spending.
If the increase is approved, it will be the largest increase in hydro rates since 2015, when rates rose 2.9 per cent. In 2016 and 2017, the Régie de l’&eacut