Electricity Prices
** Regulatory Charges include the costs to fund the IESO and Ontario Power Authority, as well as funds distributed
to Hydro One, the Ontario Government, and a number of entities associated with the operation of the electricity market.
Time-of-Use Prices
As of November 1, 2011, most Hydro One customers across the province will be on Time-of-Use (TOU) pricing and will be taking full advantage of the benefits of their smart meter. As part of the Ontario Energy Board's Regulated Price Plan, TOU electricity prices are reviewed and adjusted every six months if necessary. To learn more, read the OEB's Spring 2011 Newsletter (aussi disponible en français).
|
Regulated Price Plan Time-of-Use Prices |
| Off-peak Price: |
6.2 ¢/kWh |
| Mid-peak Price: |
9.2 ¢/kWh |
| On-peak Price: |
10.8 ¢/kWh |
For more information about Time-of-Use prices, visit our
TOU section or the OEB's website.
Regulated Price Plan (RPP) Prices
For the small number of Hydro One customers (approximately 150,000) not yet switched to Time-of-Use prices, RPP electricity prices and seasonal price thresholds will still be in effect. RPP prices will continue to be reviewed and adjusted by the OEB every six months (on May 1st and November 1st).
On November 1, 2011, RPP prices change to 7.1 cents per kWh for electricity use up to a certain threshold per month and 8.3 cents per kWh for consumption above that threshold. These prices will be in effect for six months until April 30, 2012 and are reflected on the Electricity line on your bill. Hydro One passes these charges to our customers with no mark up or profit.
For more information about RPP electricity prices, visit the OEB's website.
Seasonal Price Thresholds (for RPP Prices Only)
As of November 1, 2011, the threshold for the amount of electricity residential customers can use at the lower price increases to 1,000 kWh from 600 kWh per month for the winter season (November 1st to April 30th). The higher threshold recognizes that customers need to heat their homes during the winter season. In addition, the number of daylight hours decreases in the winter, therefore more indoor lighting is required.
Winter Season (from November 1 to April 30)
The threshold is 1,000 kWh per month.
Summer Season (from May 1 to October 31)
The threshold is 600 kWh per month.
There are no changes for non-residential or business customers. The threshold remains at 750 kWh regardless of the season.
So using electricity wisely and employing conservation methods will help you manage your bills this winter. For a small number of residential, seasonal and farm customers not yet switched to Time-of-Use prices, you will see the winter price threshold of 1,000 kWh on your first bill issued on or after November 17, 2011.
