Slight Increase in Summer Electricity Prices Announced

April 18, 2019

Summer TOU Prices Effective May 1 to October 31, 2019

The Ontario Energy Board (OEB) has announced new electricity prices for the summer period that begins May 1, 2019. The new time-of-use (TOU) prices are for residential and small business customers under the Regulated Price Plan (RPP) and who buy their electricity from their utility.

The OEB has set new Regulated Price Plan (RPP) electricity prices on the basis of the rate of inflation. The only change is to on-peak prices which have increased slightly by 0.2 cents/kWh.

  • Off-Peak – Weekdays 7 pm to 7am, all day weekends and holidays – 6.5 cents/kWh – no change
  • Mid-Peak – Weekdays 7 to 11 am and 5 to 7 pm – 9.4 cents/kWh – no change
  • On-Peak – Weekdays 11 am to 5 pm – 13.4 cents/kWh – up 0.2 cents/kWH

Customers who pay tiered prices will see no change to their electricity prices, but the tier threshold that applies in the summer period will come into effect on May 1.

Read the OEB News Release

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