Ontario’s off-peak hydro rates are expected to continue until February 22 at the earliest, after a second extension to align with Ontario’s stay-at-home orders.
Ontario says they’ll hold electricity prices to the off-peak rate of 8.5 cents per kilowatt-hour, available 24 hours a day, seven days a week, for both Time-of-Use and tiered consumers until Feb. 22, when the stay-at-home orders are expected to be lifted.
"We know staying at home means using more electricity during the day when electricity prices are higher,” said Kenora-Rainy River MPP Greg Rickford, who also serves as the Minister of Energy, Northern Development and Mines, Minister of Indigenous Affairs.
“That's why we are once again extending the off-peak electricity rate to provide households, small businesses and farms with stable and predictable electricity bills when they need it most.”
The off-peak rates for residential customers, small businesses and farms came into effect on January 1, and were originally set to end on January 28.
"We thank Ontarians for continuing to follow regional Stay-at-Home orders to help stop the spread of COVID-19,” the Minister adds.
Residents are reminded that in November, Ontario introduced the option to choose between Time-of-Use rates, in effect prior to the pandemic hydro relief, or a flat, tiered rate based on consumption.
Those rates will be reintroduced after the shutdown. If you’d like to switch billing systems, you must make a request to your local distribution company – Synergy North or Hydro One, at least 10 business days in advance of their next billing cycle for your new rates to be applied.
If residents want to continue to be billed Time-of-Use rates, no action is required as that is now considered the default rate.
For more information:
Off-peak hydro rates extended during shutdown
10 days’ notice to switch hydro rates