Ontario extends reduced off-peak electricity rates
Posted Jan 28, 2021 02:58:00 PM.
Ontario is extending reduced electricity rates that were set to expire on Monday, January 28.
The provincial government will continue to hold electricity prices to the off-peak rate of 8.5 cents per kilowatt-hour for another 12 days, until Tuesday, February 9.
The off-peak rate came into effect at the beginning of the year, initially for a 28 day period.
This lower rate is available at all hours for time-of-use and tiered customers.
The province says the off-peak price will continue to be automatically applied to bills of all residential, small business, and farm customers who pay regulated rates set by the Ontario Energy Board and get a bill from a utility.
“We know staying at home means using more electricity during the day when electricity prices are higher, that’s why we are extending the off-peak electricity rate,” said Greg Rickford, Minister of Energy, Northern Development and Mines, Minister of Indigenous Affairs.
