Toronto Hydro Tou Vs Tiered Reddit

For more information visit the oeb website. Tiered with tiered prices a customer uses a certain amount of energy each month at a lower price. 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.
toronto hydro tou vs tiered reddit

Tou vs tiered plan for hydro.

Toronto hydro tou vs tiered reddit. Apparently consumers will now have a choice to switch to tiered use if they wish instead of time of use. Theres also an option to switch to tiered pricing from tou. 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. Toronto hydro owns and operates an electricity distribution system that delivers electricity to 768000 customers in canadas largest city.

The provincial government also announced an increase in the ontario electricity rebate oer from 318 to 332 effective november 1 2020. Ill be moving to toronto next month and upon registration for hydro toronto hydro informed me that new rates would be coming into effect come november 1st. 1 hydro users will be billed 105kwh for off peak which runs from 7 pm. 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.

Find out more about tou prices and managing your electricity costs. 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. If you pay tou prices you can now choose to switch to tiered prices. 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.

Find out more about switching from tou to tiered prices. So tiered price 0119 will be 17 more than the tou off peak 0101 while tou mid peak and on peak are 21 and 75 more expensive than tiered. As per the announcement the temporary single rate for hydro for covid 19 is coming to an end on november 1st and time of use tou rates will again apply. It will cost 15kwh for mid peak which runs from 11 am.

Once you exceed that limit the price goes up. Looking at last winter we had more than 30 of usage in mid or on peak so tou would be marginally more expensive than tiered per month. Read more below about tiered prices. What pricing option would you recommend for a single individual living in a 1 bedroom and working from home.

Use our bill calculators to help you.