Ontario extends COVID-19 emergency orders and lower electricity rates By Levon Sevunts | english@rcinet.ca Posted: Wednesday, May 6, … Through our safe and reliable services, we illuminate, we move, we grow, we comfort, we nourish, and we educate, ultimately shaping stronger communities and a better world. presentation-ready copies of Toronto Star content for distribution The fixed price is higher than the winter off-peak price, which stood at 10.1 per kilowatt hour. Electricity rates are set to rise this weekend in Ontario, with the average customer seeing a nearly two per cent increase to their hydro bill compared to before the pandemic. Ontario's main web page of data on COVID-19 cases is getting a makeover. WATERLOO REGION — Overdue bills, a rise in bankruptcies and a lengthy disconnection ban could mean increased electricity and natural gas rates for customers down the road. “The government is keeping a close eye on the financial stability of Ontario’s energy system and will ensure that customers continue to receive the safe and reliable energy they expect.”. Electricity rates in Ontario are set to go up starting Nov. 1. expressly prohibited without the prior written consent of Toronto However, it is lower than the mid-peak rate of 14.4 per kilowatt hour and the high-peak rate of 20.8 per kilowatt hour. Why we've merged: The decision to merge Veridian Connections and Whitby Hydro Electric Corporation is – first and foremost – a concerted effort to enhance the comfort of our customers. Toronto Star articles, please go to: www.TorontoStarReprints.com. Choose Your Rate Option; Time-of-Use Pricing; Tiered Pricing; Hourly Ontario Electricity Price; Retail Energy Contract; Start, Stop, Move. “This investment was made to protect the people of Ontario from a marked increase in electricity rates as they did their part by staying home to prevent the further spread of the virus.”. These rates apply to households and … Residents can also reach out to their utility directly to ask to set up a personalized payment plan. Star Newspapers Limited and/or its licensors. Starting November 1, residential and small business customers can switch from Time-of-Use (TOU) to Tiered prices. The government moved all customers onto the lowest winter rate in response to the pandemic as emergency measures meant more people would be at home during the middle of the day when electricity costs are the highest. For customers that buy electricity from their utility, there are two different types of rates. All The province's COVID-19 hydro discount will also end on Oct. 31 We want to hear from our customers as we develop our 2021-2026 Distribution System Plan so we can ensure that the investments we make meet the needs of our customers and the communities we serve. The announcement, which was made in a news release on Saturday, comes after the Ontario government suspended the normal “time-of-use” billing system on March 24. Effective June 1, 2020, the Government of Ontario announced the COVID-19 Recovery Rate for customers who pay Time-of-Use (TOU) electricity rates. The Ontario Energy Board (OEB) is allowing rate-regulated electricity and natural gas utilities to record all costs associated with the COVID-19 pandemic in a new deferral account. Residential TOU customers will be charged the fixed of 12.8 ¢/kWh for all electricity usage, 24 hours a day, seven days a week. It provides us the opportunity to improve the reliability of our services, as well as reduce the rising cost of electricity. Republication or distribution of this content is “We will have more details in the coming months on the financial outcomes from COVID-19 and changed business processes,” said spokesperson Jeff Quint. We power life’s most meaningful moments, creating harmonious connection between experiences and people and the environments where they dwell. Ontario is introducing a fixed electricity price, known as the “COVID-19 Recovery Rate,” of 12.8 cents per kWh. Rickford said that the COVID-19 recovery rate is based on the average cost of electricity set by the Ontario Energy Board. Quint said he expects to see an increase in the number of customers unable to pay their bills and bankruptcies in the coming months. The Ontario Energy Board (OEB) is allowing rate-regulated electricity and natural gas utilities to record all costs associated with the COVID-19 pandemic in a new deferral account. “Helping customers pay their bills in turn helps manage utilities’ losses as well,” said Ministry of Energy, Northern Development and Mines spokesperson Natasha Demetriades. More robust service and infrastructure for local businesses and the community, Improved customer service through combined best practices and capabilities, Savings for customers and shareholders through greater efficiencies, innovations and competitive strength, Increased dividends for municipal shareholders, which will offset tax increases and can be reinvested in local communities. Now, the government has introduced a new “COVID-19 recovery rate” of 12.8 cents per kilowatt hour at all times of the day. “A deferral account allows utilities to track costs so that they can later apply to the OEB for approval to recover them through rates,” said board spokesperson Mary Ellen Beninger. Ontario realtors are being urged to stop hosting open houses again amid a resurgence of COVID-19. 55 Taunton Road East Ajax, ON L1T 3V3 / Copyright 2020 Elexicon Energy Inc. Community engagement is at the heart of how Elexicon operates. permissions/licensing, please go to: www.TorontoStarReprints.com. Electricity rates in Ontario are set to go up starting Nov. 1. For that reason, she said it is important for the utility to maintain its collection procedures in the interest of fairness and consistency. The province will launch an enhanced set of graphs Tuesday afternoon, showing more information about infection rates … Rates & Service Charges; NEW! Some electricity distributors are choosing to maintain a voluntary moratorium on disconnection for nonpayment, said Beninger. learn more. At Waterloo North Hydro, the first disconnection of 2020 didn’t take place until the week of Aug. 24 after the three month extension. The province's COVID-19 hydro discount will also end on Oct. 31 A Low-Income Energy Assistance Program is also available to customers who have fallen behind on their bills and face disconnection. Residential Customer - Open, Transfer or Close an Account; Business Customer - Open, Transfer or Close an Account; Landlord & Property Manager Services; Water Billing. This copy is for your personal non-commercial use only. About the Price Plans - TOU and Tiered Crews now have just over two months before the next moratorium begins on Nov. 15 to meet the backlog. By introducing this new fixed rate, consumers will have greater flexibility to use electricity when they need it without paying on-peak and mid-peak prices,” he said. Take me to the full website to pay a bill,make a service request, or learn moreabout services. The COVID-19 Energy Assistance Program (CEAP) provides a one time, on-bill credit to eligible residential electricity customers to help them catch up on their energy bills and resume regular payments. Choose the electricity pricing that best suits your household, lifestyle or business. 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The Ontario Energy Board has announced new prices for electricity, effective Nov. 1, under the Regulated Price Plan. The Ontario Energy Board sets both: Time-of-use - Most residential and small business customers are charged using time-of-use rates, where the rate depends on when you use electricity. The COVID-19 Energy Assistance Program – Small Business (CEAP-SB) provides funding for eligible small business owners to help them catch up on their energy bills and resume regular payments.
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