Time of Use
The Ontario Energy Board (OEB) has established Time-Of-Use rates for customers with smart meters. Time-Of-Use periods will vary depending on the time of day, the day of the week, and the month of the year (summer or winter). When Time-Of-Use pricing is introduced, the combination of a smart meter and a 'smart' price plan means that customer will have an incentive and the ability to control their energy costs by moving usage to off-peak periods (for example running the dishwasher at night) or lowering energy use during peak periods (such as setting the air-conditioning a few degrees warmer during the afternoon).
There are 3 time-of-use periods
** Effective May 1, 2021, the Time-of-Use price for electricity used is set at the On-peak, Mid-peak and Off-peak rates indicated below. This applies to utilities and unit sub-meter providers for customers on time-of-use pricing. The Ontario government announced that this pricing will be in effect from May 1, 2021 to October 31, 2021. Customers can also elect to switch to Tier pricing instead of Time-of-Use or vice-versa at any time. Rates for Tier pricing are indicated further below.
On-peak
demand is highest
17.0¢ per kWh
Mid-peak
demand is moderate
11.3¢ per kWh
Off-peak
demand is lowest
8.2¢ per kWh
* Weekends and holidays are off-peak during both the Winter and Summer periods
Tiered Pricing
Summer Tiered Pricing
Effective May 1st, 2021, households on tiered pricing will pay 9.8¢/kWh for the first 600 kWh of electricity they use per month; 11.5¢ for each additional kWh. Small businesses on tiered pricing will pay 9.8¢/kWh for the first 750 kWh of electricity they use per month; 11.5¢ for each additional kWh.
FIRST 600 KWH
9.8¢ / kWh
ADDITIONAL KWH
11.5¢ / kWh
FIRST 750 KWH
9.8¢ / kWh
ADDITIONAL KWH
11.5¢ / kWh
Tariff of Rates and Charges
To download the Tariff of Rates and Charges, click here
Effective May 1st, 2021
Approved by the Ontario Energy Board (OEB)
Schedule A
To download the "To Decision and Rate Order - Tariff of Rates and Charges"
OEB File No: EB-2020-0044
DATED: March 25, 2021
Schedule B
To download the "To Decision and Order - Wholesale market Services and Rural or Remote Electricity Rate Protection Charge"
OEB File No: EB-2020-0276
DATED: December 10, 2020