Sunday, October 11, 2020

CHOICE FOR ONTARIO HYDRO CUSTOMERS

 Ontario hydro customers have a choice to make by the end of the month.

The flat rate residential electricity price that has been in place since June — 12.8 cents/kWh — comes to an end on Oct. 31.

If hydro customers do nothing, they will revert back to time-of-use (TOU) pricing with its peak, mid-peak and off-peak rates on Nov. 1.

A critic of mandatory TOU rates, Premier Doug Ford is now giving hydro customers the option of switching to tiered rates.

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