Business rates change
COVID-19 Recovery Rate for Time-of-Use customers
Effective June 1, 2020, the Government of Ontario announced the COVID-19 Recovery Rate for customers who pay Time-of-Use (TOU) electricity rates. Small business TOU customers will be charged the fixed rate of 12.8 ¢/kWh for all electricity usage, 24 hours a day, seven days a week.
Changes in Delivery Charge as of March 1, 2020
As of March 1, 2020, the distribution portion of the Delivery Charge on your bill has changed. This reflects changes in distribution rates approved by the Ontario Energy Board (OEB) as part of Toronto Hydro's 2020-2024 rates application.
Types of electricity rates
In response to the COVID-19 pandemic situation, the Government of Ontario introduced the COVID-19 Recovery Rate. As a result, from June 1 to October 31, 2020, small business customers on TOU pricing will pay the fixed rate of 12.8 ¢/kWh no matter what time of day the electricity is consumed.
The 12.8 ¢/kWh pricing applies automatically – no customer action is required. For more information, visit the Ontario Energy Board website.
|On-peak||Weekdays from 7 a.m. to 11 a.m. and 5 p.m to 7 p.m.||12.8 ¢ per kWh|
|Mid-peak||Weekdays from 11 a.m. to 5 p.m.||12.8 ¢ per kWh|
|Off-peak||Weekdays from 7 p.m. to 7 a.m. and all day weekends and holidays||12.8 ¢ per kWh|
The rates quoted above cover the cost of electricity purchased on your behalf. Toronto Hydro passes this cost through to you, without mark-up, and pays it directly to our suppliers.