Time of use pricing
Time-of-Use (TOU) rates are an important step to making Ontario’s electricity system greener and more efficient. Erie Thames Powerlines will begin using TOU pricing on September 1, 2011.
What will Time-of-Use rates look like?
TOU rates will tie electricity prices to the level of demand on the system. When demand and the cost of producing electricity is highest, an “on-peak” rate will apply. At times when demand and production costs are lower, rates will also be lower.
Your smart meter tracks the amount of electricity you use, as well as the time of day and the day of the week that you use it. Under TOU rates, Erie Thames Powerlines will use the information received from your smart meter to calculate your bill based on when you use electricity.
By managing when your household uses electricity, you will become an active participant in shaping the future of Ontario’s energy system.
For detailed information on current TOU pricing visit the Ontario Energy Board.
To learn more about Smart meters and TOU rates, visit Smart Meters Ontario,
Below is information on Time of Use provided by Erie Thames Powerlines.
Erie Thames Powerlines and the IESO have launched two new tools designed to help home owners and small businessess better understand Time-of-Use rates. Small business customers click the "Time-of-Use Rates at Work" icon to access the small business online tool. Residential customers click the "Visit 10 Smart Meter Lane" to learn how shifting electricity makes sense.
Eco Living Tips
Make the switch!
Do your laundry in cold water to save your clothes and save on energy.
85-90% of the energy used during warm and hot water laundry loads goes towards heating the water. Switch to cold water and you use less energy, your clothes last longer and colours stay brilliant!
February 11, 2013
October 31, 2012
July 17, 2012
July 12, 2012
See the difference in your energy bills.Shift your energy use to off-peak hours and reduce the strain on Ontario's electricity and your wallet.
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