Top Left Header Top Left Header
Header
OurHometown.ca
FAO Statement on Ontario's new TOU rate
By Twitter Post
Financial Accountability Office of Ontario

FAO Statement on Ontario

The new COVID-19 Recovery Rate of 12.8 c/kWh will increase a typical residential ratepayer bill by $16 per month and a typical commercial ratepayer bill by $50 per month compared to suspending time-of-use (TOU) electricity pricing at the lowest "off-peak" rate of 10.1 c/kWh

PHOTO CREDIT - Pixabay.com


Toronto - Jun. 5, 2020:
The new COVID-19 Recovery Rate of 12.8 c/kWh will increase a typical residential ratepayer bill by $16 per month and a typical commercial ratepayer bill by $50 per month compared to suspending time-of-use (TOU) electricity pricing at the lowest "off-peak" rate of 10.1 c/kWh.
When comparing the COVID-19 Recovery Rate of 12.8 c/kWh to the alternative of re-instating TOU pricing, the difference in electricity bills for ratepayers will be small. The FAO estimates that the new COVID-19 Recovery Rate of 12.8 c/kWh will save a typical residential ratepayer $1.40 per month and cost a typical commercial ratepayer$3.00 per month compared to re-instating time-of-use (TOU) electricity pricing. The small difference in electricity bills is because the new COVID-19 Recovery Rate of 12.8 c/kWh is the price a typical time-of-use ratepayer paid for electricity prior to the start of the COVID-19 economic containment measures.


Title
Ontario’s return to school plan fails to meet legal health and safety requirements -Education unions
PHOTO CREDIT - OurHometown.ca
Windsor Orders Use of Masks inside Public Spaces
PHOTO CREDIT - Twitter.com
Windsor-Essex to Join the Rest of Province in Stage 3
PHOTO CREDIT - Ontario.ca
COVID Update - Windsor-Essex to remain in Stage 2
PHOTO CREDIT - Ontario.ca

Title




Title - Story Count
8,373 Stories & Growing Daily...

To date Hometown Media has posted a total of 8,373 stories! News, sports, hockey, lifestyle, opinion and more!

4,920 stories on OurHometown.ca
3,453 stories on HometownHockey.ca

Be sure to check out our Columnists archives or, why not Contribute a Story yourself!

Hometown Media offers a very generous revenue sharing opportunity for our Columnists. If you are interested in learning more details about writing for us, please send us an EMAIL.
Follow Hometown Media on... Follow Us on Facebook Follow Us on Twitter Follow us on RSS

Ontario’s return to school plan fails to meet legal health and safety requirements -Education unions

TSN Bob McKenzie retiring, will continue in smaller role going forward




Footer

Free Sitemap Generator