Is my hydro bill going to go up with Ontario's new 'recovery rate'?

By Jillian Follert, InsideOttawaValley, June 6, 2020

DURHAM — The province recently announced a COVID-19 “recovery rate” for electricity, putting a flat price of 12.8 cents per kilowatt hour in effect 24 hours a day, seven days a week until Oct. 31.

It’s an increase from the 10.1 cents per kilowatt hour that was set from March 24 to May 31.

Durhamregion.com readers were quick to question the move, asking whether it will mean higher bills.

The new fixed price is higher than the previous 10.1 cents per kilowatt hour — however, it is lower than the winter mid-peak price of 14.4 cents per kilowatt hour and high-peak prices that can be as high as 20.8 cents per kilowatt hour.

That means the new rate will likely result in higher bills for people who were vigilant about doing laundry or running the dishwasher during off-peak times only, while those who are used to paying 14 or 20 cents per kilowatt hour for those tasks, will see their bill drop.

The government says the change provides “greater stability and predictability” for customers.

Liberal energy critic Mitzie Hunter argues the loss of an off-peak option will be tough on people who are out of work or on fixed incomes.

https://www.insideottawavalley.com/news-story/10013493-is-my-hydro-bill-going-to-go-up-with-ontario-s-new-recovery-rate-/?s=n1?source=newsletter&utm_content=a02&utm_source=ml_nl&utm_medium=email&utm_email=6cf0e4c8dfed7b7e28f22e123857e24f&utm_campaign=ovhp_78353

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