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Electricity prices and periods change on May 1

Electricity prices and periods change on May 1

The Ontario Energy Board (OEB) announced there will be little change to electricity prices on May 1, and that summer time-of-use (TOU) hours come into effect on this date.

For residential and small business customers that buy their electricity from their utility, the new TOU prices set by the OEB for May 1, 2019 under the Regulated Price Plan (RPP) are shown in the table below. The table also shows the hours to which those prices apply.

TOU       Periods

Summer Hours, May 1-October 31

TOU Prices, effective May 1

Off-Peak

Weekdays from 7 p.m. - 7 a.m. All day weekends and holidays.

6.5¢/kWh (no change)

Mid-Peak

Weekdays 7 a.m. - 11 a.m. and 5 p.m. - 7 p.m.

9.4¢/kWh (no change) 

On-Peak

Weekdays from 11 a.m. - 5 p.m.

13.4¢/kWh (up 0.2¢/kWh)

DID YOU KNOW?

  • You can refer to the MyUtilities customer portal to view your household usage of water, electricity and gas. Use the information to shift your electricity use to off-peak times when it costs less.
  • Kingston Hydro electricity customers receive their bill through Utilities Kingston. Many benefit from the convenience of one combined bill for all their utility services, which may also include water, wastewater and gas. A combined bill helps lower costs for all rate payers. Learn more about your electricity bill, including TOU pricing.