Ontario extends reduced off-peak electricity rates michaelranger

Ontario is extending reduced electricity rates that were set to expire on Jan. 28.

The Ford government will continue to hold electricity prices to the off-peak rate of 8.5 cents per kilowatt-hour until Feb. 9.

The off-peak rate came into effect at the beginning of the year, initially for a 28 day period. The extension adds an additional 12 days.

This lower rate is available at all hours for time-of-use and tiered customers.

The province says the off-peak price will continue to be automatically applied to bills of all residential, small business, and farm customers who pay regulated rates set by the Ontario Energy Board and get a bill from a utility.

“We know staying at home means using more electricity during the day when electricity prices are higher, that’s why we are extending the off-peak electricity rate,” said Greg Rickford, Minister of Energy, Northern Development and Mines, Minister of Indigenous Affairs.

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