COVID-19 Recovery Rate for Time-of-Use customers
Effective June 1, 2020, the Government of Ontario announced the COVID-19 Recovery Rate for customers who pay Time-of-Use (TOU) electricity rates. Residential and small business customers paying TOU rates will be charged a fixed rate of 12.8 ¢/kWh for all electricity usage, 24 hours a day, seven days a week. The government has extended this rate relief to TOU customers until October 31, 2020.
Read more about the announcement
Residential rate change
On March 1, 2020, Toronto Hydro reduced the distribution portion of the Delivery Charge on your bill by 17.4%. As a result, a typical residential customer consuming 750 kilowatt-hours (kWh) experienced an average decrease of $5.60 on their total monthly bill, including HST and the Ontario Electricity Rebate (OER). We're pleased that during this difficult time, our customers continue to receive the savings associated with this reduction in rates.
View more information about the rate change
Global Adjustment charges
To provide support during the COVID-19 pandemic, the Ontario government announced on May 1 that it’s deferring a portion of Global Adjustment (GA) charges for industrial and commercial electricity consumers that don’t participate in the Regulated Price Plan (RPP). The relief is to be in place from April to June 2020 (subject to necessary extensions and approvals to implement this initiative).
Read the government's announcement