Hydro One Time Of Use Rates November 2020
0217 per kwh on peak.
Hydro one time of use rates november 2020. November 1 2020 time of use rates. As this fixed rate ended on october 31 2020 customers on. Prices effective november 1 2020. 0150 per kwh mid peak.
The winter time of use tou hours and the winter tier threshold for residential customers which were maintained for the summer 2020 period will remain in effect on november 1. Currently all tou customers are paying the covid 19 recovery rate of 128kwh for all price periods. At the same time customers paying time of use tou rates under the rpp will also have the option to. Weighted average hourly spot price wahsp.
If your first bill issued after november 1 2020 includes any usage in october the rebate will be pro rated based on the number of days pre november at 318 and the number of days on and after november 1 at 332. The ontario government has increased that rebate from 318 to 332 effective november 1. The ontario government has increased that rebate from 318 to 332 effective november 1. There are three tou periods on peak mid peak and off peak.
Beginning october 13 2020 residential and small business customers can submit a request to switch from time of use to tiered pricing for electricity usage after october 31 2020. President and ceo hydro one. With time of use tou prices customers pay prices that generally reflect the relative value of electricity supply at different times of the day. Since june 1 2020 residential and small business customers on tou have been paying a fixed electricity price of 128 kwh for all hours of the day as part of the governments response to the covid 19 pandemic.
Choose your pricing plan. Effective november 1 2020 the ontario energy board oeb announced changes to the electricity rates for customers paying time of use tou and tiered rates under the regulated price plan rpp. Since june 1 2020 customers on time of use tou paid a fixed electricity price of 128 kwh for all hours of the day the covid 19 recovery rate which the government of ontario put in place as part of its relief response. At the same time customers paying time of use tou rates under the rpp will also have the option to switch to tiered rate pricing.