What is the current Toronto Hydro rate?
Summer pricing periods effective May 1, 2021
| TOU period | Hours | Price |
|---|---|---|
| Off-peak | Weekdays from 7 p.m. to 7 a.m. and all day weekends and holidays | 8.2 ¢ per kWh |
| Mid-peak | Weekdays from 7 a.m. to 11 a.m. and 5 p.m. to 7 p.m. | 11.3¢ per kWh |
| On-peak | Weekdays from 11 a.m. to 5 p.m. | 17.0¢ per kWh |
Is Toronto Hydro reduced rates?
Changes as of May 1, 2021 Effective May 1, 2021, the Ontario Energy Board (OEB) lowered the electricity rates for customers paying Time-of-Use (TOU) and Tiered rates under the Regulated Price Plan (RPP). For information about these rates, visit our rates page.
What are the peak hours for Hydro in Toronto?
Mid-peak rates are charged during weekdays from 11 a.m. to 5 p.m. at 11.9 cents per kilowatt-hour. On-peak rates are weekdays from 7 to 11 a.m. and 5 to 7 p.m. weekdays at 17.6 cents per kilowatt-hour.
What are current hydro rates in Ontario?
In the summer period (May 1 – October 31), the Tier threshold for residential customers is 600 kWh. The Tier threshold for small business customers is 750 kWh all year round….Non-Residential (effective May 1, 2021)
| When | How much electricity you use | Rate (¢ per kWh) |
|---|---|---|
| All seasons | Up to 750 kWh | 9.8 |
| More than 750 kWh | 11.5 |
Why is Toronto Hydro delivery charge so high?
The charge reflects the OEB-approved costs to operate Toronto Hydro’s distribution system during 2015 that were not previously collected. This charge reflects the OEB-approved costs to operate Toronto Hydro’s distribution system during the first two months of 2016 that were not previously collected.
Why is my hydro bill so high Ontario?
Much of the increased cost is because of new energy purchases, including wind, solar, natural gas and nuclear. Refurbishment of the Darlington and Bruce nuclear facilities will cost Ontario hydro customers at least $26 billion.
Why is my hydro bill so high Toronto?
Seasonal. Heating and cooling your home accounts for more than 60% of your annual electricity costs. During hot summer and cold winter days, your heating and cooling systems are working overtime. This increases the amount of electricity used.
What raises your electric bill the most?
5 Reasons Your Electric Bill is So High
- Letting Vampire Appliances Bleed You Dry. One of the main reasons your electric bill may be high is that you leave your appliances or electronics plugged in whether you’re using them or not.
- Feeding Energy Hog Appliances.
- Using Appliances Past Their Prime.
- Device-Charging Frenzy.