The OEB announced electricity that is new for households and smaller businesses, effective, underneath the Regulated cost Arrange. The cold weather Time-Of-Use (TOU) hours as well as the cold weather Tier limit for domestic clients, that have been maintained for summer time duration, will stay in place. Residential and small company clients on TOU have now been paying a hard and fast electricity cost of 12.8 Вў/kWh for several hours of this time included in the governmentвЂ™s reaction to the COVID-19 pandemic.
You can now choose to switch to Tiered costs if youвЂ™re a domestic or small business client that pays TOU rates.
We wish you to know the costs on your own electricity bill. The greater you understand about electricity prices, the easier and simpler it shall be to create informed decisions regarding the power use or whether an electricity agreement with a power retailer suits you.