Electricity impacts so many aspects of our lives, whether you are operating appliances, charging an electric vehicle, or working on your home computer...where would we be without electricity? Can you imagine?
Most London Hydro customers are charged Regulated Price Plan (RPP) Time-of-Use (ToU) rates. With RPP ToU rates, the Ontario Energy Board Sets three prices for your electricity consumption. These prices are subject to change every six months, in May (start of SUMMER ToU rates) and November (start of WINTER ToU rates).
Some customers, however, pay tiered rates, where a customer uses a set amount of energy each month at a lower rate, at any time of day. Once they exceed that set amount, the rate increases.