London Hydro customers are now paying Regulated Price Plan (RPP) Time-of-Use rates. Under the ToU RPP, the Ontario Energy Board sets three prices for your electricity consumption. Prices are subject to change every six months. The rates you pay for electricity are based on the time of day that you use it.
Your smart meter records how much electricity you use and when you use it. The Time-of-Use rates are broken down into three distinct categories, each having specific times of the day:
Click here for current Time-of-Use price periods.
Click here for the current statutory holiday schedule.
Time-of-Use pricing rewards you for using electricity during low-demand periods whenever possible. The lowest rates are at night, on weekends and statutory holidays.
| Breakdown of Charges | Sample of a residential bill for 355.39 kWh (adjusted usage) at RPP TOU rates effective May 1, 2012 | |||
| Electricity price for Regulated Price Plan (RPP) Time-of-Use Customers | On-Peak 74.43 kWh* | per kWh | $0.117 | $8.71 |
| Mid-Peak 36.42 kWh* | per kWh | $0.100 | $3.64 | Off-Peak 244.54 kWh* | per kWh | $0.065 | $15.90 |
| Delivery | Fixed Monthly Charge | per month | $12.72 | $12.72 |
| Distribution Variable Charge | per kWh | $0.01294 | $4.42 | |
| Network Charge* | per kWh | $0.0070 | $2.49 | |
| Connection Charge* | per kWh | $0.0053 | $1.88 | |
| Regulatory | Wholesale Market Service Charge* | per kWh | $0.0052 | $1.85 |
| Rural Rate Protection Charge* | per kWh | $0.0011 | $0.39 | |
| Administration Charge | per month | $0.25 | $0.25 | |
| Government | Debt Retirement Charge | per kWh | $0.0070 | $2.39 |
| HST | per bill | 13% | $7.10 | |
| Total Bill at 355.39 kWh (adjusted usage) per month | $61.74 | |||
| *the monthly bill sample for 355.39 kWh includes a Loss Adjustment Factor. In calculating your bill, your consumption amount will be adjusted to account for heat loss. When electricity is delivered over a power line, it is normal for a small amount of power to be consumed or lost as heat. Equipment such as wires and transformers consume power before it gets to your home or business. The adjustment factor accounts for these losses.
*Loss Adjustment Factor Calculation ex. 341.43 kWh x 1.0409 Adjustment Factor = 355.39 kWhs* Monthly Administration charge applies to non-retailer affiliated customers only. ++ 10% Off Your Electricity Bill Ontario's Long-Term Energy Plan is moving our province to clean sources of power while shutting down coal plants that pollute the air we breathe. Upgrading and modernizing our infrastructure is helping to provide reliable power to our homes and businesses. Building more clean energy is also creating thousands of jobs for Ontarians in our growing renewable energy industries, like solar, wind and hydroelectric. To help you with increased costs of these essential investments, the Ontario Government has taken 10% off your electricity bill, including electricity costs, regulatory charges, the debt retirement charge and taxes. You will receive the Ontario Clean Energy Benefit on every bill for the next five years as our province continues to build our clean energy future. For more information, visit www.Ontario.ca/energyplan or call 1-888-668-4636. |
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