Hydro One Rate Changes November 2020

1 hydro ratepayers will be able to either to return to time of use pricing or opt for a new tiered plan that will provide a set rate for electricity up to a.

Hydro one rate changes november 2020. The ontario energy board announced new rates as of november 1 2020 for its two regulated price plan rpp options for consumers. Rickford said that starting nov. On november 1 2020 new time of use tou and tiered prices will come into effect under the ontario energy boards oeb regulated price plan rpp. On november 1 2020 those customers will resume paying electricity prices.

Effective november 1 2020 the rebate has increased to 332. The agency says rates are scheduled to increased by about 199 or 18. Toronto the ontario energy board says hydro rates for households and small businesses will be going up starting next week. November 1 2020 electricity pricing changes.

As this fixed rate ended on october 31 2020 customers on tou pricing will have a choice to remain on tou in which case no action is required or to switch to tiered pricing. Residential seasonal and small business customers are automatically eligible for the rebate as well as any customer who is using less than 250000 kwh a year. In addition youll have the flexibility to request a switch back at any time as your needs change. The ontario society of professional engineers ospe would like to caution the public to make sure they do not ask to switch to the tiered price plan before they have checked to make sure their bill will not rise.

1 rates are set to jump again by another two per cent compared to pre pandemic prices. Customers will be billed a flat price of 128 cents per kwh 24 hours a day seven days a week from june 1 to october 31 2020. Theres no deadline to make the switch.