The Ontario Energy Board (OEB) recently announced changes to electricity rates across the province.
Effective May 1, 2016, the Time-of-Use Rates are:
The price for electricity for residential customers with a typical consumption pattern who use 750 kWh per month will increase by approximately $3.13 per month.
The ratio between on and off-peak prices is more than 2:1. This means that customers who shift use to evenings and weekends will see a reward for doing so.
Oakville Hydro's portion of a residential customer’s electricity bill is approximately 19%, which forms part of the delivery charge line on electricity bills.
Visit the OEB website for more information on rate changes and electricity pricing.
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