Toronto Hydro Rates Pre Covid
Learn how were helping customers and ensuring business continuity during the covid 19 pandemic.
Toronto hydro rates pre covid. 1643 per kwh customer charge. Ontario is extending its covid 19 residential electricity rate relief for another five months but the fixed price will be going up by nearly three cents per kilowatt hour. Toronto hydro has a 38 billion plan to enable us to continue to invest in grid safety and reliability support our growing city and meet the needs of our customers. The decrease reflects changes in distribution rates as approved by the oeb as part of toronto hydros 2020 2024 rates application.
The increase in the transmission charge by 0144 per kwh reflects the cost of transmission services provided by hydro one to toronto hydro. Both the rates and price periods are set by the ontario energy board oeb. You purchase electricity from toronto hydro and dont have a contract with an electricity retailer. 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.
Such as toronto hydro. Learn how were. Toronto hydro passes this cost through to you without mark up. When the ontario energy board or oeb announced last month that fixed rates in response to covid 19 were ending nov.
This charge covers the costs involved to transmit electricity from generators to the city. Tou rates and price periods typically change twice a year may 1 and november 1. The off peak rate is 101 cents per kilowatt hour while the existing mid peak rate is 144 cents and the peak rate is 208 cents per kilowatt hour. Providing customers with rate relief.
1 and that it was now offering two options. As the covid 19 pandemic continues to evolve well continue to serve our customers while protecting the health and safety of our employees and our community. Skip to content covid 19 update. This change does not require customers on time of use prices to take any action as it will be automatically applied to customers monthly bills.
The government of ontario is providing a covid 19 recovery rate for families farms and small businesses who pay time of use prices. Learn how were.