The current regulated electricity rates charged to Ontario hydro customers Increases for the period Nov 1, 2015 to Apr 30, 2016

Here we go, yet another winter to tighten our belt. As of November 1 to April 2016 there is an increase in our rates.

The Ontario Energy Board says the peak price for electricity — between 7 a.m. and 11 a.m. and from 5 p.m. to 7 p.m. — will rise by 1.4 cents to 17.5 cents a kilowatt hour.

The mid-peak price from 11 a.m. to 5 p.m. will rise by 0.6 cents to 12.8 cents a kw/h.

And the off-peak rate from 7 p.m. to 7 a.m. and all day weekends and holidays jumps 0.3 cents to 8.3 cents a kwh, less than half the on-peak price.

The energy board says the increases will add about $4.42 to the electricity line on the average monthly electricity bill for a household that uses about 800 kwh a month.

It says about 40 per cent of the rate increase is because of increased costs from Ontario Power Generation’s nuclear and hydro-electric generating stations.

The board sets electricity prices every May and December and changes the hours for peak and off-peak pricing to reflect the shorter daylight periods in winter.

Off-peak: 8.0¢/kWhMid-peak: 12.2¢/kWhOn-peak: 16.1¢/kWh

Winter Weekdays  November 1 to April 30

The Ontario Energy Board says the peak price for electricity( in red) — between 7 a.m. and 11 a.m. and from 5 p.m. to 7 p.m. — will rise by 1.4 cents to 17.5 cents a kilowatt hour.

The mid-peak price ( in yellow) from 11 a.m. to 5 p.m. ( in yellow)  will rise by 0.6 cents to 12.8 cents a kw/h.

And the off-peak rate ( in green ) from 7 p.m. to 7 a.m. and all day weekends and holidays jumps 0.3 cents to 8.3 cents a kwh, less than half the on-peak price.

Time-of-Use Winter graphic

 

 

 

Weekends & Holidays Holiday ScheduleTime-of-Use Holiday graphic

Chart available here 

There are some ways we can save here and there. How do you  do it?  Here are some tips from the David Suzuki foundation and much more tips for your home 

 

Checkout the Save on Energy page for print out of energy saving bulbs and more!  Some are available in a tear pad  now at retailers like Home Depot, Lowes and even at Dollarama, where bulbs are sold. 

 

 

 

 

 

 

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