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Rates

The Ontario Energy Board (OEB) has introduced the summer time electricity rates for the Time-Of-Use pricing and Tiered pricing. Orangeville Hydro is a LDC (Local Distribution Company) that adheres to the Ontario Energy Board. As such, we do not set the electricity prices for Time-Of-Use or Tiered Pricing. To learn more about how the OEB determines electricity rates click here

Customers can now choose the electricity price plan that best suits them. Below are the Time-Of-Use and Tiered price plans.

Time-Of-Use Pricing

With TOU prices, the price depends on when you use electricity. There are three TOU prices:

Off-peak 8.2c/kWh

  • When demand for electricity is lowest. Ontario households use most of their electricity – nearly two thirds of it – during off-peak hours.

Mid-peak 11.3c/kWh

  • When demand for electricity is moderate. These periods are during the daytime, but not the busiest times of day.

On-peak 17.0c/kWh

  • When demand for electricity is generally higher. These are the busier times of day – generally when people are cooking, starting up their computers and running heaters or air conditioners.

Tiered Pricing

With Tiered pricing, you can use a certain amount of electricity each month at a flat rate of 9.8c/kWh. Once that limit (called a threshold) is exceeded, a higher price applies.

Residential customers can use 600/kWh at the price of 9.8c, if they exceed 600/kWh customers will pay 11.5c for additional electricity used.

Small business/Non-residential customers can use 750/kWh at the price of 9.8c, if they exceed 750/kWh customers will pay 11.5c for additional electricity used.

Additional Information

If you would like to learn more about TOU and Tiered pricing, the OEB has created an informational video that can be found here

Considering a switch? Visit www.oeb.ca/choice to use the bill calculator to compare TOU and Tiered pricing, or visit our Customer Choice webpage

If you would like to make the switch from TOU to Tiered pricing please fill out the Election Form