TORONTO — 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.
Premier Doug Ford’s office said Saturday that hydro rates will now be a flat 12.8 cents per kilowatt hour, regardless of the time of day.
That’s higher than the 10.1 cents per hour being that’s been charged since electricity relief was introduced on March 24, but still well below peak rates that can reach as high as 20.8 cents.
The province says the changes will be effective June 1 and last until Oct. 31, while industrial and commercial businesses will also see an extension of the COVID-19 relief through the end of June.