Ultra-low overnight rate is coming May 1 (2.4c/kwh) to some areas (surprisingly not Hydro One). To get it you need to accept higher peak rates. I don't hate that idea as it makes the economics of local battery storage to take advantage of arbitrage more cost effective. I haven't run the numbers to see whether it is worth me switching. Hopefully the website will make it easy like they do with the current two plan options.
Energy Minister Todd Smith says the new rate will be 2.4 cents per kilowatt hour, which is 67% lower than the current off-peak rate.
toronto.citynews.ca