December 29, 2020
To support Ontarians staying home during the rapidly evolving COVID-19 situation, the Ontario Government has taken steps to hold the price of electricity at 8.5¢/kWh, 24 hours a day. This fixed price applies to electricity used from January 1, 2021 until the end of the day on January
The fixed 8.5¢/kWh price is equal to the off-peak price set by the Ontario Energy Board (OEB) on December 15, 2020 for January 1, 2021.
Residential, small business and farm customers that buy their electricity from their utility and are on the OEB’s Regulated Price Plan (RPP) will pay the fixed 8.5 ¢/kWh price for all hours of the day, every day of the week. This fixed price applies whether the customer is on Time-of-Use (TOU) or Tiered pricing.