Ontario helps keep energy costs low for families, small businesses, and farmers

From the office of MPP Toby Barrett

To The Haldimand Press

HALDIMAND—The Ontario government is helping to keep the cost of energy low for families, small businesses, and farmers by keeping electricity rates stable and providing customers with more choice and energy assistance programs.

Customers eligible for the Ontario Electricity Rebate (OER) will automatically receive a 33.2% reduction off their energy bill when new electricity rates for Regulated Price Plan (RPP) customers come into effect November 1, 2020. At the same time, customers paying Time-of-Use (TOU) rates under the RPP will also have the option to switch to tiered rate pricing. Time-of-use electricity rates vary by time of day and are comprised of three different rate periods of off-peak, mid-peak, and on-peak pricing. Tiered electricity rates provide customers with a set rate for electricity up to a certain level of consumption.