Electricity Stability Program for a 3-year term at a rate of 1.99¢ per kWh through October 31, 2020, and 3.59¢ per kWh thereafter.
The Government of Ontario issued an Emergency Order under the Emergency Management and Civil Protection Act. The OEB introduced a fixed electricity price, known as the COVID-19 Recovery Rate, of 12.8 cents per kWh, which will be automatically applied to all time-of-use customers. This fixed electricity price will be in place from June 1 – October 31, 2020.
For more information, visit: OEB Guidance TOU Prices
The Stability Plan provides the total peace of mind that comes with knowing the price of your electricity supply before you even see the bill. With a Stability Plan, your electricity supply rate is locked in, so you’ll know what you’re going to pay from month to month, and year to year. While the actual market prices will go up and down, we guarantee that your rate will not change. Like a fixed rate mortgage, it’s complete price protection.
Please note: The above rate only covers the supply portion of your bill and does not include additional existing government and utility-related charges. For example, the Global Adjustment (GA) will appear as a separate line item on your bill, and the amount will vary month to month.
*The GA is the difference between the guaranteed price of electricity and the money the generators earn in the wholesale marketplace. The GA also covers the costs of some conservation programs.
*Ontario Energy Board: http://www.ontarioenergyboard.ca/OEB
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ReliaBILL Electricity offers affordable energy solutions to residents throughout the province. Our pricing plans simplify the energy purchasing process, pairing you with an option that is best suited for you. No matter your electricity consumption needs, ReliaBILL Electricity brings you an affordable solution. We know that not every customer is the same, so we make it easy to find the plan for you, then get your supply rate at the ideal retailer price. Our customer service, product delivery and business solutions make us the top alternative energy supplier in Ontario. Switching to an alternative energy supplier like ReliaBILL Electricity has never been easier!