COVID-19 Recovery Rate, starting June 1, 2020
The Government of Ontario has introduced a COVID-19 Recovery Rate of 12.8¢/kWh for all time-of-use (TOU) electricity customers, to support Ontarians as we restart the economy. Households, farms and small businesses who pay time-of-use electricity rates will be charged this fixed rate 24 hours a day, seven days a week, starting June 1, 2020. This rate will be automatically reflected on TOU customers’ electricity bills for all three TOU periods, 24 hours a day, seven days a week, and is intended to be in place until October 31, 2020.
Tiered Pricing is broken down into set amounts of electricity that may be used at a specific rate; once this set amount is exceeded, the rate changes to a more expensive tier. As of May 1, 2020, Tiered prices for residential customers are:
|
First Tier - Up to 1000 kWh
|
Second Tier - More than 1000 kWh |
|---|---|
11.9 cents per kWh |
13.9 cents per kWh |
Tiered prices for non-residential customers are:
|
First Tier - Up to 750 kWh
|
Second Tier - More than 750 kWh |
|---|---|
11.9 cents per kWh |
13.9 cents per kWh |
Residential Electricity Rates, Effective June 1, 2020 - Breakdown of Charges
Breakdown of Charges |
Rates Effective June 1, 2020 |
|||
Electricity price - COVID-19 Recovery Rate, starting June 1, 2020 |
On-Peak Rate |
per kWh |
$0.128 |
|
|
Mid-Peak Rate |
per kWh |
$0.128 |
||
|
Off-Peak Rate |
per kWh |
$0.128 |
||
Delivery |
Fixed Monthly Charge |
per month |
$25.38 |
|
|
IESO Smart Metering Entity Charge |
per month |
$0.57 |
||
|
Distribution Volumetric Rate Riders**** |
per kWh |
$0.0019 |
||
|
Network Charge* |
per kWh |
$0.0070 |
||
|
Connection Charge* |
per kWh |
$0.0062 |
||
|
Adjustment Factor Charge*** |
per kWh |
kWh x 0.0315 x Electricity Rate |
||
Regulatory |
Wholesale Market Service Charge* |
per kWh |
$0.0030 |
|
| Capacity Based Recovery | per kWh | $0.0004 | ||
|
Rural Rate Protection Charge* |
per kWh |
$0.0005 |
||
Government |
Administration Charge** |
per month |
$0.25 |
|
| HST |
per bill |
13% | ||
| Ontario Electricity Rebate | per bill | 31.8% | ||
|
*In calculating your bill, your consumption amount will be adjusted to account for heat loss. When electricity is delivered over a power line, it is normal for a small amount of power to be consumed or lost as heat. Equipment such as wires and transformers consume power before it gets to your home or business. The adjustment factor accounts for these losses.
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