Electricity rates climb as of Sunday

Rates have held steady since March as part of the provincial government's COVID-19 rate relief plan

A new month brings a hike in electricity rates.

In October, the Ontario Energy Board announced new prices for households and businesses that take effect on Sunday, Nov. 1.

The cost on your bill will be about two per cent.

Rates have held steady since March with prices locked in as part of the provincial government’s COVID-19 rate relief plan.

As of today, customers will be put back on so-called “time-of-use” billing unless you ask to opt out.

Prices will vary from 10.5 cents per kilowatt hour during off-peak hours to nearly 22 per cent during peak times.