Ontario Government Announces Hydro Rate Relief

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The Ontario government is providing electricity-rate relief to support small businesses, as well as workers and families spending more time at home while the province is in Modified Step Two. For 21 days starting at 12:01 am on Tuesday, January 18, 2022, electricity prices will be set 24 hours a day at the current off-peak rate of 8.2 cents per kilowatt-hour, which is less than half the cost of the current on-peak rate. The off-peak rate will apply automatically to residential, small businesses and farms who pay regulated rates set by the Ontario Energy Board and get a bill from a utility and will benefit customers on both Time-of-Use and Tiered rate plans.

“We know that spending more time at home means using more electricity during the day when prices are higher, that’s why we are moving to off-peak electricity rates 24 hours per day, seven days a week,” said Todd Smith, Minister of Energy. “The off-peak rate will provide immediate savings for families, small businesses and farms as all Ontarians work together to slow the spread of the Omicron variant.”

3 COMMENTS

  1. We have a lot of hydro power. We in Ontario need to get together to take back control of some of our utilities that are out of control profit takers.
    Overpriced Hydro peak rates are aimed at the home owner, charge more at Breakfast and supper. Not sure but 2 years into Covid and this just now pops up??

  2. I am 72 and i need to heat onheat my legs this is getting my bill up to where it is 500 pr month is there any kind help i can get some help or i will have to sell my home Wayne Brandt rr2 burks falls p0a1c0 thanks

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