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OEB: Time-of-use price periods for electricity users changing November 1

Press Release

The Ontario Energy Board (OEB) is reminding households and small businesses that as of November 1, 2017, the time-of-use (TOU) price periods are changing, as is the threshold for residential customers that are paying tiered prices. TOU prices will not be changing.

Thursday, October 26, 2017

The table below shows the winter Regulated Price Plan (RPP) prices that will be in effect during each TOU period from November 1, 2017 to April 30, 2018.

TOU price period Winter hours TOU prices effective July 1, 2017 through April 30, 2018
Off-Peak Weekdays from 7 p.m. – 7 a.m.

All day weekends and holidays

6.5 ¢/kWh
Mid-Peak Weekdays 11 a.m. – 5 p.m. 9.5 ¢/kWh
On-Peak Weekdays 7 a.m. – 11 a.m. and 5 p.m. – 7 p.m. 13.2 ¢/kWh

The table below shows the same set of prices for RPP customers who pay tiered prices:

Price tiers Tier threshold Tiered prices effective July 1, 2017 through April 30, 2018
Tier 1 Residential customers: for electricity used up to 1,000 kWh/month

Non-residential customers: for electricity used up to 750 kWh/month

7.7 ¢/kWh
Tier 2 Residential customers: for electricity used above 1,000 kWh/month

Non-residential customers:  for electricity used above 750 kWh/month

9.0 ¢/kWh

For customers that do not purchase their electricity from their utility, there will be no change to the Global Adjustment (GA) credit on November 1, 2017.

The OEB will reset RPP prices and the GA credit for April 30, 2018 in a way that holds increases to the rate of inflation in accordance with legislation.

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