Toronto Hydro Rate Change
As of march 1 2020 the distribution portion of the delivery charge on your bill decreased 174.
Toronto hydro rate change. Customers pay a lower rate when demand is low. The decrease reflects changes in distribution rates as approved by the oeb as part of toronto hydros 2020 2024 rates application. The ontario energy board oeb announced new rates as of november 1 2020 for its two regulated price plans rpp for consumers who buy their electricity from their local distribution utility eg. Learn more about the rate changes.
1 hydro ratepayers will be able to either to return to time of use pricing or opt for a new tiered plan that will provide a set rate for electricity up to a. 1 hydro users will be billed 105kwh for off peak which runs from 7 pm. If youre thinking about signing an energy contract you will pay the price in the contract which is not regulated by the ontario energy board. Toronto hydro alectra utilities hydro one etc.
Changes as of march 1 2020. Electricity prices in energy contracts. Under tou prices this winter consumers will pay 217 cents per kwh during peak hours 15 cents in mid peak hours and 105 cents in off peak hours. As a result a typical residential customer consuming 750 kilowatt hours kwh will experience an average decrease of 560 on their total monthly bill including hst and the oer.
Fewer than 1 in 10 customers in ontario buy their electricity from an electricity retailer. The decrease reflects changes in distribution rates approved by the oeb as part of toronto hydros 2020 2024 rates application.