{"id":63032,"date":"2023-10-19T18:51:47","date_gmt":"2023-10-19T22:51:47","guid":{"rendered":"https:\/\/wawa-news.com\/?p=63032"},"modified":"2023-10-19T18:51:47","modified_gmt":"2023-10-19T22:51:47","slug":"oeb-announces-changes-to-electricity-prices-for-households-small-business-and-farms","status":"publish","type":"post","link":"https:\/\/wawa-news.com\/index.php\/2023\/10\/19\/oeb-announces-changes-to-electricity-prices-for-households-small-business-and-farms\/","title":{"rendered":"OEB announces changes to electricity prices for households, small business and farms"},"content":{"rendered":"
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The Ontario Energy Board (OEB) announced today that electricity prices under the Regulated Price Plan (RPP) for households, small business and farms will increase as of November 1, 2023. The winter Time-of-Use (TOU) hours and the change in the threshold for residential customers on Tiered pricing will take effect November 1 as usual.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Also effective November 1, 2023, the Ontario government\u2019s Ontario Electricity Rebate (OER) will increase to 19.3%. The OER provides a rebate on the electricity bill of residential, small business and farm customers. For a typical residential customer[1]<\/sup> who uses 700 kWh of electricity per month, the OER will decrease bills by about $26 each month.<\/p>\n

[1] The total bill impact for individual customers across the province may vary depending on the customer\u2019s electricity usage and the utility that serves them.<\/div>\n

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The TOU prices set by the OEB for November 1, 2023 are shown in Table 1 below. The table also shows the hours to which those prices apply.<\/p>\n\n\n\n\n\n\n\n
Winter TOU Price Periods<\/th>\nNovember 1, 2023 TOU Prices<\/th>\n<\/tr>\n<\/thead>\n
Off-Peak<\/strong>
\nWeekdays 7 p.m. \u2013 7 a.m., all day weekends and holidays<\/td>\n		8.7 \u00a2\/kWh<\/td>\n<\/tr>\n
Mid-Peak<\/strong>
\nWeekdays 11 a.m. \u2013 5 p.m.<\/td>\n		12.2 \u00a2\/kWh<\/td>\n<\/tr>\n
On-Peak<\/strong>
\nWeekdays 7 a.m. \u2013 11 a.m. and 5 p.m. \u2013 7 p.m.<\/td>\n		18.2 \u00a2\/kWh<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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The table below shows the prices for customers on the Tiered price plan as well as the kilowatt-hour thresholds. The seasonal change in the threshold for residential customers provides for an additional 400 kWh\/month at the lower price in the Winter:<\/p>\n\n\n\n\n\n\n
<\/th>\nWinter Tier Thresholds<\/th>\nNovember 1, 2023 Tiered Prices<\/th>\n<\/tr>\n<\/thead>\n
Tier 1<\/strong><\/td>\nResidential \u2013 first 1,000 kWh\/month
\nNon-residential \u2013 first 750 kWh\/month<\/td>\n		10.3 \u00a2\/kWh<\/td>\n<\/tr>\n
Tier 2<\/strong><\/td>\nResidential \u2013 for electricity used above 1,000 kWh\/month
\nNon-residential \u2013 for electricity used above 750 kWh\/month<\/td>\n		12.5 \u00a2\/kWh<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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The table below shows the prices for customers on the Ultra Low Overnight (ULO) price plan. The table also shows the hours to which those prices apply.<\/p>\n\n\n\n\n\n\n\n\n
ULO Price Periods (Year-round)<\/th>\nNovember 1, 2023\u00a0ULO Prices<\/th>\n<\/tr>\n<\/thead>\n
ULO Ultra-Low Overnight
\nEvery day 11 p.m. \u2013 7 a.m.<\/td>\n		2.8 \u00a2\/kWh<\/td>\n<\/tr>\n
ULO Weekend Off-Peak
\nWeekends and holidays 7 a.m. \u2013 11 p.m.<\/td>\n		8.7 \u00a2\/kWh<\/td>\n<\/tr>\n
ULO Mid-Peak
\nWeekdays 7 a.m. \u2013 4 p.m. and 9 p.m. \u00a0\u2013 11 p.m.<\/td>\n		12.2 \u00a2\/kWh<\/td>\n<\/tr>\n
ULO On-Peak
\nWeekdays 4 p.m. \u2013 9 p.m.<\/td>\n		28.6 \u00a2\/kWh<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n

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The Ontario Energy Board (OEB) announced today that electricity prices under the Regulated Price Plan (RPP) for households, small business and farms will increase as of November 1, 2023. The …<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":[],"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueState":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":"","_VenueShowMap":false,"_VenueShowMapLink":false,"footnotes":""},"categories":[41],"tags":[],"class_list":["post-63032","post","type-post","status-publish","format-standard","hentry","category-community"],"publishpress_future_action":{"enabled":false,"date":"2026-04-15 17:23:50","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/63032","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/comments?post=63032"}],"version-history":[{"count":1,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/63032\/revisions"}],"predecessor-version":[{"id":63033,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/63032\/revisions\/63033"}],"wp:attachment":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/media?parent=63032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/categories?post=63032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/tags?post=63032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}