Residential 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. Residential TOU customers will be charged the fixed rate of 12.8 ¢/kWh for all electricity usage, 24 hours a day, seven days a week. The government has extended this rate relief to TOU customers until October 31, 2020.
Decrease in your Delivery Charge as of March 1, 2020
On March 1, 2020, Toronto Hydro reduced the distribution portion of the Delivery Charge on your bill by 17.4%. The decrease reflects changes in distribution rates approved by the Ontario Energy Board (OEB) as part of Toronto Hydro's 2020-2024 rates application.
As a result, a typical residential customer consuming 750 kilowatt-hours (kWh) will experience an average decrease of $5.60 on their total monthly bill, including HST and the Ontario Electricity Rebate (OER). Over the past few weeks, customers began receiving the benefit of the rate relief associated with this change.
Types of electricity rates
Effective November 1, 2020, eligible customers on the Regulated Price Plan (RPP) now have the option to choose between Time-of-Use and Tiered pricing plans.
Learn more about customer choice