Toronto Hydro Time Of Use Rates

Mid peak rate 94 centskwh.

Toronto hydro time of use rates. Find out more about switching from tou to tiered prices. 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. Why time of use rates vary. The government has extended this rate relief to all time of use customers until october 31 2020.

On peak rate 134 centskwh. The electricity usagerate during the billing period reflects the new covid 19 recovery rate of 128 kwh for all electricity usage 24 hours a day seven days a week. About time of use tou rates under time of use tou pricing customers are charged according to the day of the week and time of day that they use electricity. This gives customers the option to shift higher electricity use activities such as laundry or running the dishwasher to off peak periods which are charged at a lower rate.

Under the governments covid 19 pricing plan hydro rates were initially set at 101 cents per kilowatt hour kwh of electricity for time of use customers regardless of the time of day. In ontario when demand is lower most of the power we use comes from sources like nuclear generators and large hydroelectric stations which are designed to run all the time. Mid peak rate 94 centskwh. Mid peak rate 94 centskwh.

They are cheapest when demand is lowest. As the covid 19 pandemic continues to evolve well continue to serve our customers while protecting the health and safety of our employees and our community. Summer rate may oct winter rate nov apr 700 am. Compare electricity price plans compare your current electricity or natural gas bill with a contract offered by an energy retailer compare time of use to tiered pricing residential and small business customers that pay time of use tou electricity prices can choose to switch to tiered prices.

Use our bill calculators to help you. At toronto hydro we take pride in powering our city and are committed to maintaining a safe and reliable electricity distribution system during this unprecedented time. 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. Time of use rates vary according to demand.

The decrease applies to the toronto hydro portion of your bill which makes up approximately one third of the total bill. During the evenings on weekends and on holidays. The decrease reflects changes in distribution rates approved by the oeb as part of toronto hydros 2020 2024 rates application.