The Ontario government is suspending time of use electricity rates and introducing a fixed price under the COVID-19 Recovery Rate program.
The new rate will be 12.8 cents per kilowatt-hour and will apply to all time of use customers 24 hours a day, 7 days a week.
The fixed price will be in place from June 1st to October 31st.
This is slightly higher than the off-peak price of 10.1 per kilowatt-hour customers have been paying since the province suspended time of use pricing and dropped the electricity rate to the off-peak rate on March 24.
Today, the Ontario government announced a new fixed electricity price of 12.8 cents per kWh for Time-of-Use customers. We’re here for customers with our Pandemic Relief Fund, which provides payment options and flexibility. Learn more: https://t.co/elhphE5okr. pic.twitter.com/JA1jQjBeq8
— Hydro One (@HydroOne) May 30, 2020