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Ontario announces extended hydro relief and new fixed rate for all-time-use

The provincial says the extended hydro relief will help industrial and commercial consumers, while new price helps suspend time-of-use prices in a fiscally responsible manner
Hydro meter
Stock photo.

The provincial government is extending its emergency orders on hydro to continue providing electricity bill relief during COVID-19.

According to a news release on Saturday, Ontario has extended the order to help industrial and commercial consumers.

The order, which was first introduced on May 1, will defer a portion of the Global Adjustment charges from April and May.

Residents can expect the emergency order on hydro to be carried through to the end of June.  

In a separate news release from the Ontario government, a new fixed electricity price, known as the 'COVID-19 recovery rate', will be introduced to all-time-use customers.

Set by the Ontario Energy Board, the COVID-19 recovery rate will charge 12.8 cents per kilowatt hour from June 1 to October 31.

The provincial government says the new price will help to continue to suspend time-of-use prices in a fiscally responsible manner.

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