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About Us News May 2017 Rate Change
New Electricity Rates in Effect May 1, 2017
The Ontario Energy Board (OEB) recently announced changes to electricity rates across the province.
Effective May 1, 2017, the Time-of-Use Rates are:
On-peak (11:00a.m. to 5:00p.m. on weekdays) = 15.7¢/kWh (a decrease of 1.0¢/kWh)
Mid-peak (7:00a.m. to 11:00a.m. and 5:00p.m. to 7:00p.m. on weekdays) = 11.3¢/kWh (a decrease of 1.9¢/kWh)
Off-peak (7:00p.m. to 7:00a.m. weekdays, weekends and statutory holidays) = 7.7¢/kWh (a decrease of 1.0¢/kWh)
Customers will see both old and new rates reflected on invoices that include read dates prior to May 1.
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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