TIME-OF-USE (TOU)
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Want to see how these tips can turn into material cost savings? Check out the interactive home at 10 Smart Meter Lane to see how TOU can work for you. |
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Looking for up-to-date tracking of your current TOU electricity use? Log in to My Account to access your TOU portal, or sign up for My Account today.
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TOU pricing coupled with smart meters means you have more control over your monthly electricity bill. By adjusting your electricity use habits slightly you can take advantage of when the cost of electricity is less.
When you were transitioned to TOU pricing, your home or business was fitted with a smart meter, which wirelessly transmits your electricity use to Hydro One so we can bill you as accurately as possible. Most importantly, though, smart meters help you better understand how your daily electricity use affects your monthly bill.
When you know exactly how much electricity you are using and what it costs at a given hour, you gain the power to make smarter choices for when you use electricity. You'll also be able to save more money by reducing your electricity usage during peak hours through pricing that rewards you for shifting your heaviest electricity usage to off-peak hours.
Because smart meters monitor your electricity use in real time, we're able to show you a breakdown of your electricity use every month on your bill. Find out where you can locate this information on your bill. To learn more about how smart meters work, check out the Independent Electricity System Operator's informative page or download our quick reference guide.
For current TOU rates visit the Electricity Prices page.
Here are a few ways you can take full advantage of TOU pricing