Toronto Hydro Usage Rates

During the evenings on weekends and on holidays.

Toronto hydro usage rates. Tiered pricing separates electricity consumption into two price tiers. It will cost 15kwh for mid peak which runs from 11 am. Summer rate may oct winter rate nov apr 700 am. The decrease applies to the toronto hydro portion of your bill which makes up approximately one third of the total bill.

The new rates are as follows. The remainder of the bill covers charges for commodity transmission and regulatory costs. The decrease reflects changes in distribution rates approved by the oeb as part of toronto hydros 2020 2024 rates application. Why time of use rates vary.

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. Time of use rates vary according to demand. On peak rate 134 centskwh. 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.

Mid peak rate 94 centskwh. Mid peak rate 94 centskwh. 1 hydro users will be billed 105kwh for off peak which runs from 7 pm. Off peak hours are between 7 pm.

Learn more about the rate changes. 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. 104 cents per kwh during off peak hours 15 cents during mid peak hours and 217 cents during on peak hours. Customers are charged one rate for electricity usage up to a certain amount of consumption or threshold per month and a higher rate for electricity used above that amount.

Toronto hydro owns and operates an electricity distribution system that delivers electricity to 768000 customers in canadas largest city. Mid peak rate 94 centskwh. They are cheapest when demand is lowest. Rickford said that starting nov.

To learn more about tou rates visit our electricity rates page. Using tiered pricing consumers pay a 126 cents per kwh for up to 1000 kwh in winter and a 146 cents per kwh for any usage above that level.