Toronto Hydro Vs Provident

As of june 1 2020 the government of ontario has introduced a new covid 19 recovery rate of 128kwh for all time of use tou electricity customers to support ontarians as the economy restarts. Toronto hydro collects this charge without mark up on behalf of the independent electricity system operator. The winter time of use tou hours and the winter tier threshold for residential customers which were maintained for the summer 2020 period will remain in effect on november 1.
toronto hydro vs provident

When we refer to toronto hydro we mean toronto hydro electric system limited which owns and operates the electricity distribution system for the city of toronto.

Toronto hydro vs provident. If toronto hydro is supplying your electricity under standard supply service it will bill you. The government of ontario has previously introduced temporary hydro rate relief for electricity customers during the covid 19 pandemic. July 1 2017 fair hydro plan pricing under the ontario fair hydro plan act 2017 electricity prices were lowered for consumers effective july 1 2017 and were then increased at the rate of inflation on may 1 2018 and may 1 2019a portion of the forecast fair hydro plan price reduction was also reflected in the electricity prices set for may 1 2017. As of june 1 2020 the government of ontario has introduced a new covid 19 recovery rate of 128kwh for all time of use tou electricity customers to support ontarians as the economy restarts.

Toronto hydro owns and operates an electricity distribution system that delivers electricity to 768000 customers in canadas largest city. 1 hydro users will be billed 105kwh for off peak which runs from 7 pm. It will cost 15kwh for mid peak which runs from 11 am. 039 kwh standard supply service administration charge if applicable this is an administration charge of 025 stated on a 30 day basis.

If your billing period is different than 30 days the rpp administration charge. The government of ontario has previously introduced temporary hydro rate relief for electricity customers during the covid 19 pandemic. October 13 2020 the oeb announced new electricity prices for households and small businesses effective november 1 under the regulated price plan. As of december 31 2018 we have approximately 772000 customers located in the city of toronto and distribute approximately 19 of the electricity consumed in ontario.

If you choose to sign with a retailer the contract you sign will set out the type of billing service. A retailer may offer to bill you for all your electricity charges directly or it may contract toronto hydro to continue to bill you on the retailers behalf for the contract price and term you signed with a retailer.