Residential electricity rates
As of February 23, 2021, customers will resume paying Time-of-Use (TOU) and Tiered prices that were set by the Ontario Energy Board on December 15, 2020.
Non Regulated Price Plan (RPP) customers
As of January 1, 2021, a portion of renewable energy contract costs will be funded by the Ontario government instead of non RPP customers. This will lower electricity bills for customers who do not participate in the Regulated Price Plan or receive the Ontario Electricity Rebate by reducing Global Adjustment (GA) costs.
Non-RPP Class A and Class B customers could see savings of approximately 16 percent on their bills in relation to the GA costs, before the recovery of the deferred GA amount. Actual savings will vary depending on customers' location and electricity consumption.