The Ontario Energy Board has established residential time-of-use rates. Electricity prices charged per kilowatt-hour (kwh) change throughout the day. The different pricing periods of “On-Peak”, “Mid-Peak”, and “Off-Peak” were set based on how the cost to produce electricity in Ontario varies by the time of day, day of the week, and the season.
Day of the Week |
Time |
Time-of-Use Period |
Time-of-Use Price*
(cents/kWh) |
| Weekends & holidays |
All day |
Off-peak |
4.0 |
Winter Weekdays
(Nov 1st - Apr 30th) |
7:00 a.m. to 11:00 a.m. |
On-peak |
8.8 |
| 11:00 a.m. to 5:00 p.m. |
Mid-peak |
7.2 |
| 5:00 p.m. to 8:00 p.m. |
On-peak |
8.8 |
| 8:00 p.m. to 10:00 p.m. |
Mid-peak |
7.2 |
| 10:00 p.m. to 7:00 a.m. |
Off-peak |
4.0 |
* Time-of-use prices as of November 1, 2008. Prices subject to change every six months.
|
2008
|
Date
|
Day of Week
|
| New Year's Day | January 1, 2008 | Tuesday |
| Family Day | February 18, 2008 | Monday |
| Good Friday | March 21, 2008 | Friday |
| Victoria Day | May 19, 2008 | Monday |
| Canada Day | July 1, 2008 | Tuesday |
| Civic Holiday/Simcoe Day | August 4, 2008 | Monday |
| Labour Day | September 1, 2008 | Monday |
| Thanksgiving Day | October 13, 2008 | Monday |
| Christmas Day | December 25, 2008 | Thursday |
| Boxing Day | December 26, 2008 | Friday |
| New Year's Day (2009) | January 1, 2009 | Thursday |
2007 Spring/Summer OEB Electricity & Rate Brochure
For additional information on time-of-use rates go to the Ontario Energy Board by clicking here.
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