Electricity periods and tiers for May 1
On May 1, 2024, summer Time-of-Use (TOU) hours and the change in the Tiered threshold for residential customers under the Ontario Energy Board’s Regulated Price Plan will take effect and remain in place until October 31, 2024. Electricity prices for both price plans and the Ultra-Low Overnight (ULO) price plan remain unchanged.
Time-of-Use Hours
| TOU Price Periods | Summer (May 1 - October 31) | TOU Prices (¢/kWh) |
| Off-Peak | Weekdays 7 p.m. – 7 a.m. Weekends and holidays all day |
8.7 |
| Mid-Peak | Weekdays 7 a.m. – 11 a.m. and 5 p.m. – 7 p.m. | 12.2 |
| On-Peak Weekdays | Weekdays 11 a.m. – 5 p.m. | 18.2 |
Tiered Thresholds
| Tier Thresholds | Summer (May 1 - October 31) | Tiered Prices (¢/kWh) |
| Tier 1 | Residential – first 600 kWh/month Non-residential – first 750 kWh/month |
10.3 |
| Tier 2 | Residential – for electricity used above 600 kWh/month Non-residential – for electricity used above 750 kWh/month |
12.5 |
Power is personal
Residential and small business customers can choose to switch between Time-of-Use, Ultra-Low Overnight and Tiered prices. Whatever plan you choose, one thing remains certain: the less electricity you use, the less you pay. Switching price plans will not affect your eligibility for the Ontario Electricity Rebate or other government programs like the Ontario Electricity Support Program.Considering a switch? Learn more about price plans
If you don’t want to switch your price plan, you don’t need to do anything. You will stay on your current price plan. If you do want to switch to a different price plan, submit a request to change your plan.
You might qualify for the Ontario Electricity Support Program
You could get a monthly, on-bill credit of $35 or more. The Government of Ontario has changed eligibility for the Ontario Electricity Support Program (OESP) program, so more Ontarians now qualify. The credit amount depends on the number of people living in the home and the combined annual household after-tax income.
Beware of energy scams: Home energy assessments, audits, inspections and home visits are not required to apply for the OESP. Apply now or learn more at OESP.ca