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On Peak Electricity Rates Increase

Friday, 1 May 2015 10:26

Ontario electricity rates have changed - on peak now costs 16.1 cents per kilowatt hour, while off peak is nearly half that.

ONTARIO - On peak hour electricty will now cost more.

Residents of Ontario will notice a change in their electricity bills as the on-peak rate is now 16.1 cents per kilowatt hour. The off peak rate is approximately half that at 8 cents. 

The time to avoid is 11a.m. until 5p.m. on weekdays. Weekends and holidays are considered off-peak. The Ontario Energy Board say holding off on any major electricity consumption, such as using a washing machine, until the weekend will see you saving on your next bill.

The OEB say the 2:1 ratio change should amount to a $5.71 increase on the average household bill.

Opposition parties predict rates will only continue to climb as the Liberals begin selling off 60% of Hydro One.

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On Peak Hours (16.1 cents per kilowatt hour)
11:00 a.m. - 5:00 p.m.

Mid Peak Hours (12.2 cents per kilowatt hour)
7:00 a.m. - 11:00 a.m.
5:00 p.m. - 7:00 p.m.

Off Peak Hours (8 cents per kilowatt hour)
7:00 p.m. - 7:00 a.m.
All Weekends & Holidays

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