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Home > Electricity Updates > Electricity Pricing Changes

Electricity Updates

Prices for Electricity

The Ontario Energy Board (OEB) has announced the prices for electricity remain unchanged. As part of the Regulated Price Plan (RPP), electricity prices are reviewed and adjusted by the OEB more frequently — every six months if necessary.

RPP prices remain at 5.0 cents per kWh for electricity use up to a certain threshold per month and 5.9 cents per kWh for consumption above that threshold. These prices will be in effect for six months until October 31, 2008 and are reflected on the Electricity line on your bill. Hydro One passes these charges to our customers with no mark up or profit.

For more information about electricity prices, visit the OEB's website or read their Spring/Summer 2008 Newsletter (aussi disponible en français).

Where does your electricity dollar go?

Seasonal Price Threshold

As of May 1, 2008, the threshold for the amount of electricity residential customers can use at the lower price decreases to 600 from 1,000 kWh per month for the summer season (May 1st to October 31st). The lower threshold recognizes that customers use less electricity for lighting and indoor heating in the summer season.

  • Summer Season (from May 1 to October 31): The threshold is 600 kWh per month.
     
  • Winter Season (from November 1 to April 30): The threshold is 1,000 kWh per month.

    There are no changes for non-residential or business customers. The threshold remains at 750 kWh regardless of the season.

So using electricity wisely and employing conservation methods will help you manage your bills this summer. Residential, seasonal and most farm customers will see the summer price threshold of 600 kWh on their first bill issued on or after May 20, 2008.

Seasonal Price Thresholds

   

 

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