Sat., May 30, 2020 timer 2 min.

By The Canadian Press. Before you sign a contract, read it carefully so you are aware of all terms and conditions. Prices shown below are effective March 24, 2020 until October 31, 2020. Most homes are heated by natural gas, oil or electricity (“hydro”). It was formed to build transmission lines to supply municipal utilities with electricity generated by private companies already operating at Niagara Falls, and soon developed its own generation resources by buying private generation stations and becoming a major designer and builder of new stations. Since everyone has been staying at home, fixed hydro rates were introduced to eliminate on-peak, off-peak, and mid-peak electricity prices. These prices will be higher than what we've seen over the past few months, however, prices will still remain at a fixed rate. As most of the readily developed hydroelectr This is a 2.7 cent increase in what Ontarians have been paying over the past few months. "This investment was made to protect the people of Ontario from a marked increase in electricity rates as they did their part by staying home to prevent the further spread of the virus. TOU pricing has three periods: on-peak, when energy demand and cost is high, mid-peak, when energy demand and cost is moderate, and off-peak, when energy demand and cost is low.TOU pricing ultimately gives you more control over your electricity bill.

Now, hydro will cost 12.8 cents per kilowatt hour at all times. So while hydro prices are going up this month, you can still do your laundry at any time during the day without having to worry about racking up your bill.

Hydro One is Canada’s largest electricity transmission and distribution service provider.

Not all retail contracts are the same, most offer a fixed price over a period of time. "By introducing this new fixed rate, consumers will have greater flexibility to use electricity when they need it without paying on-peak and mid-peak prices," the press release states. "On their website, Hydro One shows the summer prices will remain at 12.8 cents per kilowatt hour at all times until October 31. ... Ontario Energy Board – The Ontario Energy Board oversees the energy sector in Ontario. A small number of our customers are assessed under the Weighted Average Hourly Spot Price (WAHSP). The Hourly Ontario Energy Price (HOEP) is assessed for customers with an interval meter installed who have not signed a contract with an energy retailer. Unfortunately, your web browser requires an update before you can experience our new site. Ontario extends hydro rate relief, announces support measures for retirement homes. Summer weekday periods are effective May 1 to October 31 each year. Doug Ford and Energy Minister Greg Rickford will be making an official announcement at 1 p.m. with more details. Here are links to update various browsers: Chrome, Firefox, or Internet Explorer. Effective March 24, 2020, the winter periods will remain in effect until further notice. Prices shown are effective June 1, 2020 to October 31, 2020. The majority of our customers pay Time-of-Use (TOU) prices.TOU pricing reflects the cost of producing electricity at different times of day based on demand. You might notice a spike in your utility bills this month.