Hydro customers will continue to see some relief on their bills until the end of October.
Ontario is extending the suspension of time-of-use price for hydro customers. They are introducing a fixed electricity price, known as the COVID-19 Recovery Rate, of 12.8 cents per kWh, which will be automatically applied to all time-of-use customers 24 hours a day, 7 days a week.
This fixed electricity price will be in place from June 1 - October 31, 2020.
The rate of 12.8¢/kWh is based on the average cost of electricity, set by the Ontario Energy Board.