The Ontario Electricity Market
Homeowners, small businesses, and certain designated customers are part of the regulated price plan (RPP) set by the Ontario Energy Board (OEB). The threshold for residential consumers under the RPP varies by season to reflect changing consumption patterns.
Non-residential consumers under the RPP have a year-round price-threshold of 750 kilowatt hours (KWh) per month.
Regulated Price Plan Rates
Summer 2008 Regulated Price Plan Rates (May 1, 2008 - October 31, 2008)
Residential Users
5.0 CAD¢/kWh for the first 600 kWh in a month
5.9 CAD¢/kWh for each additional kWh
Low volume business users
5.0 CAD¢/kWh for the first 750 kWh in a month *
5.9 CAD¢/kWh for each additional kWh
* The 750 kWh threshold does not change throughout the year
Industries and businesses that use more than 250,000 kWh of electricity a year pay the hourly wholesale price*
Average weighted price for May 2008 3.59 CAD¢/kWh
Average weighted price since January 1, 2008 4.95 CAD¢/kWh
* For hourly prices, please visit the Independent Electricity System Operator website.
Smart Meters
Smart meters track how much electricity you use and when you use it. The Ontario Energy Board (OEB) has established a set of rates for smart meter users that allow them to shift their electricity use to take advantage of lower prices during off-peak hours.
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Smart Meter Rates For Summer 2008 (May 1, 2008 - October 31, 2008)
|
| Weekends and Holidays |
|
| All Day |
2.7 |
| Weekdays |
|
| 7am to 11am |
9.3 |
| 11am to 5pm |
7.3 |
| 5pm to 8pm |
9.3 |
| 8pm to 10pm |
7.3 |
| 10pm to 7am |
2.7 |
