Whats happening with residential electricity usage rates?
The Ontario Energy Board increased ‘Electricity’ prices effective May 1, 2009. Your consumption in kilowatt-hours (kWhs) is separated into two price tiers under the government’s Regulated Price Plan. Customers will be charged 5.7 cents per kilowatt hour (kWh) for the first 600 kWhs of use per 30 days, while electricity consumed in excess of this ceiling will be priced at 6.6 cents per kWh. The price threshold (the amount of electricity that is charged at the lower price) will change twice a year for residential consumers. The price threshold will be 1,000 kWh per 30 days during the winter season (Nov 1 – Apr 30) and 600 kWh during the summer season (May 1 – Oct 31). This allows consumers to use more electricity at a lower price in the winter. For more information visit the Ontario Energy Board’s website.
The Ontario Energy Board decreased ‘Electricity’ prices effective May 1, 2007. Your consumption in kilowatt-hours (kWhs) is separated into two price tiers under the government’s Regulated Price Plan. The price threshold for these tiers will be 1,000 kWh per 30 days during the winter season (Nov 1 – Apr 30) and 600 kWh during the summer season (May 1 – Oct 31). This allows consumers to use more electricity at a lower price in the winter. For more information visit the Ontario Energy Board’s Web site.
