Hydro One Ontario Rates
Customers will be billed a flat price of 128 cents per kwh 24 hours a day seven days a week from june 1 to october 31 2020.
Hydro one ontario rates. Customers who use less than 150000 kwh of electricity a year will have this cost adjustment included in their delivery charge. We set electricity rates for residential and small business customers. This change does not require customers on time of use prices to take any action as it will be automatically applied to customers monthly bills. We review them twice a year on may 1 and nov 1 and if necessary we adjust these rates.
The vast majority of hydro ones residential customers pay time of use rates which vary according to the time of day with higher prices during high demand times and lower prices during lower demand times. The ontario energy board does not regulate this. How electricity rates are set. Comparison of time of use rates.
Currently these rates range between 87 centskwh during the lowest demand periods and 18 centskwh during highest demand. Read more about contracts. This results in a blended rate of 11 centskwh. Wholesale market service rate includes capacity based recovery adjusted usage kwh 034.