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 |
Price
(cents/kWh) |
Weekends & holidays
View chart |
All day |
Off-peak |
5.3 |
Summer Weekdays
(May 1st - Oct 31st)
View chart |
7:00 a.m. to 11:00 a.m. |
Mid-peak |
8.0 |
| 11:00 a.m. to 5:00 p.m. |
On-peak |
9.9 |
| 5:00 p.m. to 9:00 p.m. |
Mid-peak |
8.0 |
| 9:00 p.m. to 7:00 a.m. |
Off-peak |
5.3 |
*Time-of-use prices as of May 1, 2010. Prices subject to change every six months.
|
2010
|
Date
|
Day of Week
|
| New Year's Day | January 1, 2010 | Friday |
| Family Day | February 15, 2010 | Monday |
| Good Friday | April 2, 2010 | Friday |
| Victoria Day | May 24, 2010 | Monday |
| Canada Day | July 1, 2010 | Thursday |
| Civic Holiday/Simcoe Day | August 2, 2010 | Monday |
| Labour Day | September 6, 2010 | Monday |
| Thanksgiving Day | October 11, 2010 | Monday |
| Christmas Day | December 27, 2010 | Monday |
| Boxing Day | December 28, 2010 | Tuesday* |
| New Year's Day (2010) | January 3, 2011 | Monday* |
*When a holiday falls on a weekend, the next weekday following (that is not also a holiday) will be billed at the off-peak rate.
For additional information on time-of-use rates go to the Ontario Energy Board by clicking here.
|