Premier Doug Ford announced today that Ontario will be freezing hydro prices at the off-peak rate of 10.1 cents per-kilowatt-hour for the next 45 days.
This reduced price will be available 24 hours per day, seven days a week to all time-of-use customers, who make up the majority of electricity consumers in the province.
By switching to a fixed off-peak rate, time-of-use customers will see rate reductions of over 50 per cent compared to on-peak rates.
These prices take effect immediately and the discount will automatically be applied to electricity bills without the need for customers to fill out an application.
Visit Ontario's website to learn more about how the province is working to protect Ontarians from COVID-19 and watch today's announcement below:
