Speaking at a news conference on Tuesday, Energy Minister Todd Smith said the new plan could save customers up to $90 a year.
“Consumer preferences are still changing and our government realized there was more we could do, especially as the province continues to have an excess supply of clean electricity at night when province-wide electricity demand is lower,” Smith said. The new rate, which will be available as an opt-in option as of May 1, will be 2.4 cents per kilowatt-hour from 11 p.m. to 7 a.m. Officials say this is 67 per cent lower than the current off-peak rate.The new plan will be offered by Toronto Hydro, London Hydro, Centre Wellington Hydro, Hearst Power, Renfrew Hydro, Wasaga Distribution, and Sioux Lookout Hydro by May. Officials have said this will be expanded to all local distribution companies by Nov. 1.
With the new addition of the “ultra low” pricing, there are now three different electricity plans that Ontarians can choose from. Here is what you have to know about the new hydro options:Most residential customers, businesses and farms are eligible for these rates, which are divided into off-peak, mid-peak and on-peak hours.Off-peak : 7.4 cents per kilowatt-hourThis plan allows customers to get a standard rate depending on how much electricity is used.
Residences and businesses that use more than that will pay a flat rate of 10.3 cents per kilowatt-hourCustomers can opt-in to this plan if they use most of their electricity overnight.Between 11 p.m. and 7 a.m.: 2.4 cents per kilowatt-hourMid-Peak : 10.2 cents per kilowatt-hour
also introduced ultra HIGH one too
how many times did your boss tell you to tweet this?
Nice, so my cheap neighbors may keep their light on overnight.
The savings is about as exciting as the “drink your Ovaltine” reveal.
🤣🤣 scam
Why does the government keep putting out these embarrassing amounts? Fucking joke is what it is 🙄
We need more appliances with delay timers.
stopped reading at 90 a year
Be honest and call it what it is. Taxing average Canadians to pay for electric vehicles charging. Isn’t anyone tired of the govt deciding what to spend your hard earned money on and taking a cut to do it?
This is bullshit. 90$/yr. 🤦🏼♀️
UP TO 90 a year! WOW, now i can buy up to extra TWO loafs of bread a month!!! So.. if going for 'ultra-low' rate, your On-Peak hours get moved and you get shafted by an extra 10cents a kwh...
While also jacking up early evening/dinner time rates!
Ultra rich happy!!!
Whoo hoo!! Early retirement, here I come!! 💰💰💰
what a stupid joke. they sell this bs by telling us it will be ultra cheap..when noone is fn using it (except the wealthy with there teslas) and then up the price a shitton on the time everyone actually needs to use it.
Good plan for night owls.
I feel insulted, that they actually think, that I'm stupid and an easy mark.
What a joke!!! LoL So they set this to take place, going into the summer months, when people will have to use their A.C. in the daytime, and at a much higher rate.
Paired with a new ultra high peak rate so unless you are a vampire it’s going to be a cash grab
Meanwhile, Blackface Trudeau will give taxpayer dollars to Ukrainian Nazis, but won't help the people in his own country.
The rates are not easy to compare because they have changed the times of peak and not peak. Still after bashing some numbers around it looks like we could save five or six dollars a month. Underwhelmed.
What about throughout the day, nobody is going to stay up and do laundry when they have to go to work in the morning
Why does the news read like a Doug ford ad?
So it's not a low rate if what's subtracted will be added to the peak rate. This is another capitalist joke
This is just a rate increase disguised as a discount. Im willing to bet the average household will see an increase on their electrical bill. Unless you’re willing to change when you use electricity the most, expect to pay more
Don't get too excited. They will just let that settle in before they increase the peak and mid rates so that everyone is subsidizing the EV charging since that is what it is about.
Great so now I can do laundry while I sleep to save money
Public - we’re poor, help us out Government - just be nocturnal
Ultra low rates due to excess overnight power could have been a great thing for Ontarians! electricity
About damn time! Ontario has been paying it's neighbors to take it's excess power for years... 'However, customers should be aware that this plan will mean a higher on-peak rate. 24c/kwh' Aww fuck everything about this shit. Cooking dinner is gonna cost me a fortune now.
I’m still trying to figure out how EVs are paying road taxes….
There's no such thing as ultra-low!! Lmfao
Does alot of good while kost are in bed sleeping 🙄🤡🌏
Good now do gas prices
Government of Ontario should be stopped. Lower price from 11:00 to 7:00 and price is going to be higher than before the rest of the day. What is the reason for this plan? I’m sure there’s a benefit for DougFordCorruption and his friends. dougfordFailedOntario
🤔 wondering if I can mine bitcoin overnight. Dennis_Porter_
Electricity is cheaper to produce at night due to the solar farms running at peak production between 11pm-5am. NatGas is just so expensive, look how the price has went up in 6 months:
There's no such thing as ultra-low!!
When was the last time the government did anything good for the working class?
Just a new way to snatch more money from Canadians by just fooling them and putting a new trap says lowering the price. All together it’s a higher price. BS government
I work shift work I’m not home most of the night
Yeah they want you to do all of your stuff at night now, because during the day your too busy working two full time jobs because of the absurd cost of living. Doing things at night is your only option now.
Oh great, instead of the usual 200 amp service I’ll be getting 10 amps, barely enough to make the incandescent lamps glow. Have to get the candles out.
Ultra low overnight rate (11pm to 7am) at 2.4, but on-peak rate increases from 15.1 to 24.0. also, the on-peak period changes from 11am-5pm to now 4pm to 9pm. IF you are using more hydro after work / dinner time (4pm - 9pm) then this option becomes useless.
What is ultra low ? Sounds like it should be free
I need to do all-nighter everyday to get this benefit? Damn
Sure, lower while you sleep, but they will increase daytime rates. Better as is now, we will end paying more
'Ultra-low'? All these liberals with with their green EV cars, preaching to us that gasoline is sooo bad. Well, enjoy your .24 cents on-peak rates. Up from 0.15. Pretty massive hike, I would say. Saving at the pump eh? Check your electricity bill after May 1st. LOL woke'ism.
Seems this will bite worst in air conditioning season in a hot year.
Wynne selling hydro tripled my hydro bill in six months. Don't trust this unless you're on a 3pm-11pm shift.
“However, customers should be aware that this plan will mean a higher on-peak rate.” Scam artists
also a new ultra high peak plan too don't forget. seems to me that rates are much higher than the prices under Wynne, which ford said was too hight and was going to reduce. What happened?
I suppose people with EVs and home chargers likely charge mostly at night. Perhaps this is a way to encourage people to go EV?
I do my laundry well past midnight anyway so no problem
Great! I'll do my Bitcoin mining at night!
I thought electicity was the wave of the future. YOu know where it was going to save the planet from ending in 5 or 10 years. Now we have to budget from high cost to be plugged in? To boot pay a carbon tax for the luxury of a high electric bill.
Between 4pm and 9 When dinner is being cooked, homework done seems an attack on families at that rate!
This message brought to you by the Electric Vehicle Manufacturers of Ontario .
bchydro They’re leading by example. Start doing the same. Promote more night life and stimulate the economy in unexpected ways.
The words “Government” and “Plan” make me nervous.
Yes as peak hours rates go up! So 'Ultra Low' = 'Ultra Trap'
Lol
I do all my dishwashing and laundry in these hours . 👍
Great...I love doing laundry at 3am...
In other words....day time rates will skyrocket.
Hmmmmm.....
But increasing the daytime rate just when we’re moving into summer and people need to air condition their homes. After living through natural gas hikes over winter this seems cruel.
Take $2000 from your back pocket and put $90 in your front pocket! What a deal! Ford should be in jail. Corruption and organized crime is the CON way!
Wow! Up to $90 per year! What will I do with all the extra money $7.50 per month?!!
Yeah and those of us that work from home, during peak hours will get the shaft.
90 a year. Woohoo🤦🏼♀️
So this is geared to those mostly with EV's. Marginalizing all those that don't have one. Discrimination at its best. We're totally disenfranchised now. These big words y'all use but don't like to hear when it's against your stupid climate change crap?
So we have a chance of buying some decent groceries while our money goes to war
What about the car insurance?
Ontario introduces yet another way to screw over its people for profit.
Ontario introduces yet another way to screw over its people for profit.
It's going to save me up to $90 per year!?!?!?. Well Holy shit!!! Where do I sign up? $7.50/month? Yahoooo!!!!
It is a WEF conspiracy to get us to use less energy. I know this is provincial but Dug gets a pass and I’m sure Trudeau is behind it
I don’t trust anything the Conservatives are pushing in Ontario anymore. There’s always a catch, no benefit to anyone anymore other than Fords donors and private sector. I pay more in delivery fees for hydro/water than I use every month.
Oh good so while I'm at work during the day not using hydro I still pay premium rates?
Don’t think people will start doing their laundry, baking bread/cakes, running loads of the dryer, and dishwashers in the middle of the night.
Time to install timers on hydro panels to help those who need it. We are one country who needs to pull together to support our communities
What a scam It's an 'option' to save it and then they increase the other rates. Smoke and mirrors ... never truly benefit the customer. Ontario SCAM
Great the entire province doing laundry after midnight.
Yeah makes sense…. Ultra low off peak hour rates, but ultra high on peak hour rates… how about we switch it? Bring back old hydro costs. Tired of paying 5-600$ in hydro during the winter so I don’t freeze. F*ck this. 😡
Free if you turn off the lights 🤣
How about “ultra lowering “ the delivery fee which is triple the hydro usage fee.
What's the catch?
The new 'low' night electricity price plan is misleading. Customers should be aware that if you opt-in to this plan it will mean a higher on-peak rate! onpoli
Sounds good but how about the ultra high pricing we pay during the day? Many Ontarians are working from home, many seniors are home all day long & when schools close everyone is at home during the day. fordnation Hydro is breaking our necks & enbridgegas Enbridge is RAPING us
This actually would have been a net positive had they left the other rates alone. Use the excess power Ontario has thru the night! To opt in to the ultra low rate of 2.4 cents you have to agree to 24 cents peak rate from 4-9 pm. So much for the incentive. smokeandmirrors
😂🤣😂'....Minister Todd Smith said the new plan could save customers up to $90 a year.' ...notice 'up to' ...likely for most then half... The only question remains - is the effort worth the squeeze. My view this is a joke amount to incentivize change of behaviors..
So when were asleep and using next to no hydro? Great, what a big help 🙄
We see through your shoddy reporting
With that $90 we might even splurge and buy a dozen eggs and a loaf of bread
Ford spends more than $90 every day just on cheeseburgers and pizza
KEEP VOTING THE UNIPARTY LMAO 🤣 🤦♂️ 🤡🤡🤡🤡🤡
No one is saving a penny. This is actually a scam! The blatant bait and switch here should be illegal. What a joke. So insulting to the consumer.
Need to lower monthly gas prices for our houses.. they have doubled...
We are getting f… everyday by Trudeau and Ford.
Oh that $90 savings is gonna buy me a house! Right!
Look at your bill. Delivery charges and debt repayment charges are a big chunk. Mismanagement at its best
Who is running the ship now I mean did anyone think this is a good idea who comes up with these plans it’s not someone who is actually struggling
$90 a year!! Why bother in announcing something like this.
Really doesn’t help shift workers, now does it?
bchydro take note!
Sounds like a typical Con specialty they give with one hand and take twice as much with the other hand.
And ultra high peak rate too
This is dumb. I have an EV and this would cost me more. Keeping in mind the AC runs hardest during the day. The oven gets used to make dinner during peak time at a higher peak rate.
The hydro I actually use makes up about 30% of my hydro bill. The rest is tax and fees. Ontario hydro are just another bunch of criminals
Lol fail
remember when ToU was implemented and people claimed McGuinty would force people to cook dinner at 7pm and now Ford bumps it up a notch! LOL
24 cents /kwh weekdays between 4pm and 9pm. No wonder they want you to give up your gas stove for electric. No one will save money with this.
$90/year savings- 🙄
Corrupt government trying to win votes. Hope they do not win the next election!
What about people who actually sleep at night?
Higher on peak rate? LOL what kind of scam is this?
This is great for people who own an EV or use their electricity after 12am This will help push the sale of EV’s
Low low price
Now talk about the new ultra high overday pricing
Save me 90$ a year Gtf out of here with this crap Make it affordable for everyone Air-conditioning heat are a human right Especially with medical conditions I shouldn't have to pay a surplus because I run my ac longer cuz my kids have breathing and seizures pure bs
No no no.
That's the spin given to new ultra high regular time hydro pricing. More billions for Doug's buddies.
They raised on peak by 10 cents lol
A whopping 8 bucks a month. That's like taking 100 in tax and fees then give u 8. Sounds about right
Y’all lucky. Over here in NB we pay on average 400-500$ a MONTH …
For people who don’t want to read, lowering the overnight rates will also increase all the other rates
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