Starting Tuesday, hydro rates will be temporarily lowered to the off-peak rates – which are typically reserved for evenings, overnights and weekends – meaning homeowners will be charged a steady rate of 10.1 cents per kilowatt hour.
Currently, Ontarians are charged between 14.4 cents and 20.8 cents per kilowatt hour between 7 a.m. and 7 p.m. as part of the provincial Time of Use energy conservation program.
Families will save an estimated $20 per month, while businesses will save $150 and cost the provincial treasury $162-million.
Ford promised that relief and flexibility would be coming, to allow people stuck at home to perform their daily tasks without worrying about a massive hydro bill at the end of the pandemic
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