The next time you get your hydro bill, it might be a bit pricer. \nOntario Energy Board (OEB) announced on October 13, 2020, that it would be increasing the price of Ontario electrical bills by nearly two percent by November 1. The move is being made under the Regulated Price Plan.\nEditor's Choice: IKEA Canada Wants To Buy Back Your Old Furniture & They'll Give You Store Credit\n\n\n“\n\n\nThe total bill for a typical residential customer who uses 700 kWh per month will increase by about $2.24 or 1.97%. \nOntario Energy Board\n\n\n\nThis means, that depending on the amount of power that you use, you could be looking at paying around an extra $2 a month. \nAccording to the board, the winter time-of-use hours for residential customers, which stayed in effect during summer 2020, will also continue at the start of next month.\nResidents can expect to pay 10.5 ¢/kWh for off-peak hours and 21.7 ¢/kWh for on-peak hours. \nDespite the increase, customers struggling to pay their energy bills due to the ongoing pandemic still have options available to them. \nThe OEB asks those residents to apply to the COVID-19 Energy Assistance Program, which is funded by the provincial government.