The Ontario government is providing 21 days of electricity-rate relief to support families and workers spending more time at home, as well as small businesses, consistent with the length of time the province is in modified Step Two public health measures.
As of 12:01 AM today, electricity prices are lowered to the off-peak rate of 8.2 cents per kilowatt-hour — less than half the on-peak rate — 24 hours per day.
“Effective today, families and small businesses will benefit from 21 days of electricity rate relief as our government implements the off-peak rate,” said Todd Smith, Minister of Energy.
“The off-peak rate, which is less than half the on-peak rate, will provide immediate savings as Ontarians spend more time at home and work together to slow the spread of the Omicron variant.”
Electricity customers won’t have to do anything to benefit from the rate cut, it will be applied automatically to both Time-of-Use and Tiered rate plans on the bills of residential customers, small businesses and farms who pay regulated rates set by the Ontario Energy Board (OEB).