Time-of-Use (TOU)
The majority of our customers pay Time-of-Use (TOU) prices.
TOU pricing reflects the cost of producing electricity at different times of day based on demand. TOU pricing has three periods: on peak, when energy demand and cost is high, mid-peak, when energy demand and cost is moderate, and off-peak, when energy demand and cost is low.
TOU pricing ultimately gives you more control over your electricity bill. By adjusting your usage habits, TOU pricing enables you to save money during hours when electricity is more expensive. To learn more about TOU pricing and its three periods, visit Understanding Your Electricity Bill.
These prices are set by the Ontario Energy Board (OEB) twice a year on May 1 and November 1. To learn more about electricity prices, visit the Ontario Energy Board.
Time-of-Use Demand Periods and Prices
Time-of-Use prices change three times a day, when demand is at peak, mid-peak and off-peak.