The cost of electricity is going down in Ontario for at least the next six weeks.
Premier Doug Ford announced on Tuesday afternoon that the government is suspending time of use pricing for the next 45 days to help citizens, farms, and businesses deal with the economic fallout of the COVID-19 virus. For the next month and a half, Ontarians will pay off-peak prices for electricity, regardless of the time of day.
The province said the discount will be automatically applied to hydro bills and there is no application process for customers.
Staying home means that people are using more electricity. We’re reducing the cost of electricity to off-peak rates 24/7 for the next 6 weeks to provide relief. Farms and small businesses are also eligible. pic.twitter.com/ulBQdp4yT5
— Doug Ford (@fordnation) March 24, 2020
[embed]https://twitter.com/OntEnergyBoard/status/1242508457032458242[/embed]
"During this unprecedented time, we are providing much-needed relief to Ontarians, specifically helping those who are doing the right thing by staying home and small businesses that have closed or are seeing fewer customers," said Premier Doug Ford in a statement issued Tuesday. "By adopting a fixed, 24/7 off-peak rate, we are making things a little easier during these difficult times and putting more money in people's pockets for other important priorities and necessities."