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Under the current system, the regulated price you pay for electricity is the same every hour of the day. With new time-of-use prices, the price of electricity will depend on when you use it.
Currently, off-peak prices are roughly two-thirds less than on-peak prices – reflecting the lower cost to provide electricity during periods of low demand. Electricity used on weekends and holidays is billed at the off-peak rate of 5.3 ¢/kWh. The following table lists the holidays where off-peak pricing is in effect.
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New Year's Day |
January 1, 2010 |
Family Day |
February 15, 2010 |
Good Friday |
April 2, 2010 |
Victoria Day |
May 24, 2010 |
Canada Day |
July 1, 2010 |
Civic Holiday |
August 2, 2010 |
Labour Day |
September 6, 2010 |
Thanksgiving Day |
October 11, 2010 |
Christmas Day |
December 27, 2010* |
Boxing Day |
December 28, 2010* |
*When a holiday falls on a weekend, the next weekday following (that is not also a holiday) will be billed at the off-peak rate.
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CURRENT TIME-OF-USE PRICES
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Summer Weekdays
May 1 to October 31 |
| Time |
Period |
¢/kWh |
| 7 am to 11 am |
Mid-Peak |
8.0 |
| 11 am to 5 pm |
On-Peak |
9.9 |
| 5 pm to 9 pm |
Mid-Peak |
8.0 |
| 9 pm to 7 am |
Off-Peak |
5.3 |
| Weekends & Holidays |
| All day |
Off-Peak |
5.3 |
Time-of-Use prices are set by the OEB.
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