For a 45-day period the government will hold electricity prices to the off-peak rate of 10.1 cents-per-kilowatt-hour.
March 30, 2020 By Energy Manager Canada
On March 24th the Government of Ontario announced immediate electricity rate relief for families, small businesses and farms paying time-of-use (TOU) rates.
For a 45-day period, the government is working to suspend time-of-use electricity rates, holding electricity prices to the off-peak rate of 10.1 cents-per-kilowatt-hour.
This reduced price will be available 24 hours per day, seven days a week to all time-of-use customers, who make up the majority of electricity consumers in the province.
The province says that by switching to a fixed off-peak rate, time-of-use customers will see rate reductions of over 50% compared to on-peak rates.
The discount will be automatically applied to electricity bills without the need for customers to fill out an application form.
“During this unprecedented time, we are providing much-needed relief to Ontarians, specifically helping those who are doing the right thing by staying home and small businesses that have closed or are seeing fewer customers,” said Ontario Premier Doug Ford.
The Government of Ontario issued an Emergency Order under the Emergency Management and Civil Protection Act to apply the off-peak TOU electricity rate for residential, small businesses, and farm customers who currently pay TOU rates.
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