The province of Ontario has introduced smart meters and Time-of-Use rates for electricity to encourage residents and
small businesses to reduce their electricity use during peak times. Customers of all electric utilities across the
province are being switched to Time-of-Use rates.
Horizon Utilities residential and small business customers have been switched to Time-of-Use pricing,
with the exception of those who pay for their electricity on a contract with an energy retailer.
Our Time-of-Use web pages have been prepared to assist you in understanding how you can use
Time-of-Use rates to better manage your energy costs.
Time-of-Use
Prices Under Time-of-Use pricing, the cost
of electricity will vary depending on when you use it. Rates
will be different depending on the time of the day, day of the
week and season of the year. Click here to learn more about
Time-of-Use rate periods.
Smoothing the Peaks Why reducing electricity consumption
during peak periods is important for the provincial power
system - and the environment.
Time-of-Use
FAQs Answers to some of your questions
about smart meters and Time-of-Use rates
About Time-of-Use Rates 2011
*Electricity prices change every six months in May and November.
Up-to-date prices are posted on the Ontario Energy Board website at www.ontarioenergyboard.ca.
**Note: Consumers who currently purchase their electricity on a contract through an energy
retailer will continue to be charged according to the terms and prices stated in their contract.
Note: If you currently purchase
electricity under a contract with a retailer, you will continue to
follow the terms and price stated in your contract.
CURRENT
PRICES & PERIODS
The Ontario Energy Board
website provides detailed information about Time-of-Use rates.
Here's a snapshot of the current smart meter Time-of-Use rates for
summer:
Electricity used on weekends and holidays is billed at the off-peak rate of 6.2¢/kWh. See the Time-of-Use Holiday Pricing calendar for further details.