How much does 1 kWh cost in Toronto?

Winter pricing periods from November 1, 2021 to April 30, 2022

TOU period Hours Price
Off-peak Weekdays from 7 p.m. to 7 a.m. and all day weekends and holidays 8.2¢ per kWh
Mid-peak Weekdays from 11 a.m. to 5 p.m. 11.3¢ per kWh
On-peak Weekdays from 7 a.m. to 11 a.m. and 5 p.m. to 7 p.m. 17.0¢ per kWh

What are the current time-of-use rates in Ontario?

Current prices

Time-of-Use Price Periods – WINTER Time-of-Use Prices
Off-Peak (Weekdays 7 p.m. – 7 a.m., all day weekends and holidays) 8.2 ¢/kWh
Mid-Peak (Weekdays 11 a.m. – 5 p.m.) 11.3 ¢/kWh
On-Peak (Weekdays 7 a.m. – 11 a.m. and 5 p.m. – 7 p.m.) 17.0 ¢/kWh
Tier Thresholds – WINTER Tiered Prices

What is the best time to do laundry in Ontario?

You can experiment to turn on your laundry machine only at these periods for a month and see if it can lower your energy bills. For most people in Canada, the best time to do it is between 7 p.m. and 7 a.m.

Is Hydro still off-peak in Ontario?

The Ontario government says it is once again amending electricity rates for some Ontarians as the province endures another shutdown due to COVID-19. The government announced it would adjust electricity rates to current off-peak pricing of 8.2 cents per kilowatt-hour.

What is the best time to do laundry in Toronto?

Is time of use better than tiered?

“With tiers, customers who use less electricity than average pay the lowest rate and the rate rises with usage. With TOU rates, customers who use less on average pay more than on tiered rates because they tend to need electricity during high-priced peak periods.”

What are the new electricity rates for 2021 in Ontario?

Residential rate changes Changes as of May 1, 2021 Effective May 1, 2021, the Ontario Energy Board (OEB) lowered the electricity rates for customers paying Time-of-Use (TOU) and Tiered rates under the Regulated Price Plan (RPP). The provincial government also announced a decrease in the Ontario Electricity Rebate (OER) from 21.2% to 18.9%.

What is the average time-of-use rate in Ontario?

Comparison of Time-of-Use Rates. According to the Ontario Energy Board, the average household uses 2/3 of their electricity during off-peak hours with the remainder split between mid-peak and off-peak.

What time of day do Ontarians use the most electricity?

Ontario households use most of their electricity – nearly two thirds of it – during off-peak hours. Mid-peak, when demand for electricity is moderate. These periods are during the daytime, but not the busiest times of day.

What is the cost of electricity per kWh in Toronto?

8.5¢ per kWh. Mid-peak. Weekdays from 11 a.m. to 5 p.m. 11.9¢ per kWh. On-peak. Weekdays from 7 a.m. to 11 a.m. and 5 p.m. to 7 p.m. 17.6¢ per kWh. These rates 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.