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Time-of-Use rates vary according to demand. They are cheapest when demand is lowest: during the evenings, on weekends and on holidays. In Ontario, when demand is lower, most of the power we use comes from sources like nuclear generators and large hydroelectric stations, which are designed to run all the time.
On November 1, 2024, new Time-of-Use (TOU), Ultra-Low Overnight (ULO) and Tiered prices for residential and small business customers under the Ontario Energy Board’s (OEB) Regulated Price Plan (RPP) will change, winter Time-of-Use (TOU) hours and the change in threshold for residential
To learn more about electricity prices, visit the Ontario Energy Board. View historical electricity rates. Time-of-Use Periods and Prices. Time-of-Use electricity prices change throughout each weekday. These periods differ slightly between summer and winter. Weekends and holidays are off-peak prices all day. Effective November 1, 2024 to ...
On November 1, 2024, new Time-of-Use (TOU), Ultra-Low Overnight (ULO) and Tiered prices for residential and small business customers under the Ontario Energy Board’s (OEB) Regulated Price Plan (RPP) will change, winter Time-of-Use (TOU) hours and the change in threshold for residential customers on Tiered pricing will take effect, and the ...
Hydro One delivers electricity safely and reliably to homes and businesses in Ontario. Effective July 1, 2024, updated delivery rates will be in place. Our regulator, the Ontario Energy Board (OEB), various cost/credit adjustments to reconcile for costs or surpluses incurred while providing electricity to customers.
Effective November 1, 2024, the Ontario government’s Ontario Electricity Rebate (OER) will change to 13.1%. Utilities offer three types of price plans - which means customers can choose a plan that best reflects when and how o€en they use electricity. Time-of-Use (TOU) and Ultra-Low Overnight (ULO) Tiered The price for both of these plans ...
Effective November 1, 2024, the Ontario Energy Board announced changes to Time-of-Use (TOU), Ultra-Low Overnight (ULO) and Tiered rates. Winter TOU hours and Tiered thresholds began November 1. ULO hours remain the same year-round.
Most residential and small business customers have a smart meter and pay Time‐of-Use (TOU) rates for electricity. There are three TOU price periods: On-peak, Mid-peak, and Off-peak. TOU price periods change twice a year in summer (May 1 to October 31) and in winter (November 1 to April 30).
Effective November 1, 2024, the Ontario Energy Board announced changes to Time-of-Use (TOU), Ultra-Low Overnight (ULO) and Tiered rates. Winter TOU hours and Tiered thresholds began November 1. ULO hours remain the same year-round.
The TOU, ULO and Tiered prices set by the OEB for November 1, 2024, are shown in the table below. View historical electricity prices. Time-of-Use (TOU)