It's not the way it usually works in a supply and demand economy, but unless we start using more power as a province, the prices are going to go up.
"If you think about all the generation plants, the hydro plants, they are all fixed costs, as is the distrobution system," says Vince Brescia, the CEO of the Ontario Energy Association. "Whether or not the electricity is being used, we have to pay for it all."
That means, because businesses and manufacturing sectors closed down, or are working at a reduced rate, that could actually mean we'll end up paying more, because there's fewer dollars coming in to offset those fixed costs.
"With other things being equal, that will lead to rate increases for the rest of the system."
Not only that, it would increase the cost to the taxpayer, since the provincial government is currently subsidizing the cost of hydro in Ontario.
Brescia didn't know exactly how much a potential rate increase would be, but he says they are looking at it on a quarter-by-quarter basis.
"We'll get a better sense of how much of this load loss is permanent and how much recovery there will be."
He says several other jurisdictions have come up with load growth policies, to make sure that enough power is being used, to keep prices in check.
Brescia says that could be an incentive for anyone who increases their load over a threshold, and another option could be to offer blocks of power, made available at certain times.
Now, it's worth saying that these would be used for business and commercial spaces, rather than individual homeowners, who have to pay for power, based on the amount that is used.