Good Morning BIAs,
I wanted to send this important reminder to you so that you could pass it on to your member businesses. As of today, electricity pricing in Ontario will resume to the regular Time-of-Use rates or Tiered rates as per the Ontario Energy Board announcement yesterday. This is a great time for your member businesses to reach out to me to have an electricity rate analysis done to ensure they are on the best electricity rate structure for their business. Since the OEB has allowed businesses the choice of either Tiered rates or Time of Use this choice can provide up to 5-10% cost savings on their electricity bills.
Let me know if you have any questions.
Best,
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