Smart Meters and Time of Use

 

 

By 2010, the Ontario Government has set a goal to have new smart meters installed in all homes and small business in Ontario. The Smart Meter is essential for the Province’s overall strategic strategy to reduce electricity consumption and peak electricity use as well as support a conservation culture within the province. Sioux Lookout Hydro Inc. has completed their installation of all the Smart Meters in Sioux Lookout as of April 2010. The Province’s Plan for Smart Meters is explained at the provincial information site.

 

The cost of the Smart meter has been recovered through the electricity rates paid by all customers in the same way that the cost for traditional meters and services have been recovered in the past. Smart Meters communicate your electricity usage wirelessly and will record your electricity consumption hour by hour. This will eliminate the need to have a meter reader come to your home. It will also be more convenient for our customers to monitor their monthly usage of hydro as it is now displayed as a numerical number that continues to build. Smart meters will encourage us to all think more about how and when we use electricity.

 

How Does Time–Of–Use Pricing Work?

 

With Time–Of–Use Pricing, electricity prices vary, based on when it is used. This includes time of day, by day of week, and by season. This will encourage Ontarians to shift some electricity use to off-peak hours thus reducing our chances of experiencing another black out. The price rises and falls over the course of the day and tends to drop overnight and on weekends based on the amount of supply available and our levels of demand. The Ontario Energy Board (OEB), which sets our prices for electricity under the Regulated Price Plan (RPP), has developed daily and seasonal Time–Of–Use periods shown on the charts below.

With Time–Of–Use rates, you’ll see the results of your conservation efforts and you’ll save money if you can shift your heaviest electricity use to off-peak hours. Equipment like air conditioners, electrical heating, ovens, dryers, and even lighting can use a great deal of energy.

 

 

For more information on Time-of-Use pricing: www.ontarioenergyboard.ca/OEB/Consumers

 

How Do I Determine How Much Electricity My Appliance Use?

Here is a simple chart to help you determine how much electricity your applicances use:

  • Watts (W) = amps X volts
  • 1 Kilowatt (kW) = 1,000 watts
  • 1 Kilowatt hour (kWh) = 1,000 watts X 1 hour

The Formula is: Total Hours of Use X Appliance Wattage / 1,000 (Converts Watts to Kilowatts) = Total kWh of Electricity Consumed

 

For Example: 2 Hours (Total Usage) X 5,000 watts (Watts for Cloths Dryer) / 1,000 watts (Watts to Kilowatts) = 10 kWh

 


 
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