Ontario holds electricity rate of 10.1 cents/kWh for 45 days
- At-risk workplaces should close by 11:59 p.m. on Tuesday, March 24th
Mar. 24, 2020
Global Korean Post
Today, Ontario government announced to provide immediate electricity rate relief for families, small businesses and farms paying time-of-use (TOU) rates.
The Government of Ontario issued an Emergency Order under the Emergency Management and Civil Protection Act to apply the off-peak TOU electricity rate for residential, small businesses, and farm customers who currently pay TOU rates.
For a 45-day period, the government is working to suspend time-of-use electricity rates, holding electricity prices to the off-peak rate of 10.1 cents-per-kilowatt-hour.
This reduced price will be available 24 hours per day, seven days a week to all time-of-use customers, who make up the majority of electricity consumers in the province. By switching to a fixed off-peak rate, time-of-use customers will see rate reductions of over 50 per cent compared to on-peak rates.
To deliver savings as quickly and conveniently as possible, this discount will be applied automatically to electricity bills without the need for customers to fill out an application form.
“During this unprecedented time, we are providing much-needed relief to Ontarians, specifically helping those who are doing the right thing by staying home and small businesses that have closed or are seeing fewer customers,” said Premier Doug Ford.
Also, on Mar. 23, the Ontario government ordered at-risk workplaces to close-down for 14 days, while encouraging businesses to explore opportunities to continue operations through work-from-home and innovative business models.
At-risk workplaces will be ordered to close by 11:59 p.m. on Tuesday, March 24th and where possible, take the necessary measures so staff can work from home allowing operations to continue
Click and you can see the List of essential workplaces.
by Global Korean Post