Business rate change
As of January 1, 2019, the Delivery Charge on your bill increased. The rates reflect changes in distribution rates as approved by the Ontario Energy Board (OEB) as part of Toronto Hydro’s 2015-2019 rates application, as well as changes in transmission, generation and other commodity costs.
Types of electricity rates
TOU rates work together with your smart meter. With TOU rates, you pay according to the time of day you use electricity. So it's important to manage how much electricity you use and when you use it.
The Ontario Energy Board (OEB) has announced new electricity prices in effect for your consumption between May 1, 2018 and April 30, 2019.
|On-Peak||Weekdays from 7 a.m. to 11 a.m. and 5 p.m. to 7 p.m.||13.2¢ per kWh|
|Mid-Peak||Weekdays from 11 a.m. to 5 p.m.||9.4¢ per kWh|
|Off-Peak||Weekdays from 7 p.m. to 7 a.m. and all day weekends and holidays||6.5¢ per kWh|
The rates quoted above cover the cost of electricity purchased on your behalf. Toronto Hydro passes this cost through to you, without mark-up, and pays it directly to our suppliers.