This translation has been automatically generated and has not been verified for accuracy.Ontario is temporarily slashing hydro rates for families, farmers and small businesses amid the COVID-19 crisis.
The estimated cost will be $162-million, the source said. The Ontario Energy Board is also extending the current ban on electricity disconnection for households and small businesses to July 31.Starting Tuesday, rates will be lowered to current off-peak overnight and weekend charges of 10.1 cents per kilowatt hour. Currently, mid-peak rates are 14.4 cents and on-peak rates are 20.8 cents. On-peak hours are 7 a.m. to 11 a.m. and 5 p.m. to 7 p.m. on weekdays, while off-peak hours are 7 p.m. to 7 a.
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