End of Ontario’s COVID hydro break means bigger bills

DM

Ontario electricity customers may be in for a “shock” when they open their latest bills. The Ontario Energy Board (OEB) estimates customers using 700 kWh per month and on time-of-use (TOU) pricing will see bills rise by roughly $15 a month to about $115 on average. Until Feb. 22, hydro customers had been paying a flat 8.5 cents/kWh — a rate subsidized by the Ontario government while the province was under a stay-at-home order. TOU customers are now paying 17.6 cents/kWh for on-peak electricity during the day, 11.9 cents/kWh for mid-peak and 8.5 cents/kWh for off-peak, which is overnights and weekends.

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