{"id":69708,"date":"2024-10-18T13:57:57","date_gmt":"2024-10-18T17:57:57","guid":{"rendered":"https:\/\/wawa-news.com\/?p=69708"},"modified":"2024-10-18T13:57:57","modified_gmt":"2024-10-18T17:57:57","slug":"ontario-energy-board-announces-changes-to-electricity-prices-for-households-small-businesses-and-farms","status":"publish","type":"post","link":"https:\/\/wawa-news.com\/index.php\/2024\/10\/18\/ontario-energy-board-announces-changes-to-electricity-prices-for-households-small-businesses-and-farms\/","title":{"rendered":"Ontario Energy Board Announces Changes to Electricity Prices for Households, Small Businesses 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 change as of November 1, 2024. Winter Time-of-Use (TOU) hours and the change in threshold for residential customers on Tiered pricing will also take effect.<\/p>\n<\/div>\n<\/div>\n

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Also, effective November 1, 2024, the Ontario government\u2019s Ontario Electricity Rebate (OER) will change to 13.1%. The OER provides a rebate on the electricity bill subtotal for 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 $17 each month.<\/p>\n

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Table 1 shows the TOU prices set by the OEB for November 1, 2024, and the hours to which those prices apply:<\/p>\n\n\n\n\n\n\n\n
Winter TOU Price Periods<\/th>\nNovember 1, 2024<\/p>\n

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		7.6 \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		15.8 \u00a2\/kWh<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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Table 2 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, 2024<\/p>\n

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		9.3 \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		11.0 \u00a2\/kWh<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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Table 3 shows the prices for customers on the Ultra Low Overnight (ULO) price plan and 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		7.6 \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		28.4 \u00a2\/kWh<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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[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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Power is Personal<\/h2>\n

Residential, small business and farm customers can choose their price plan, either TOU, Tiered or ULO prices.\u00a0The OEB has an online bill calculator to help customers who are considering a switch in price plans.<\/span> For more information, see oeb.ca\/choice.<\/p>\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 change as of November 1, 2024. Winter …<\/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-69708","post","type-post","status-publish","format-standard","hentry","category-community"],"publishpress_future_action":{"enabled":false,"date":"2026-04-13 22:08:02","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\/69708","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=69708"}],"version-history":[{"count":1,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/69708\/revisions"}],"predecessor-version":[{"id":69709,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/69708\/revisions\/69709"}],"wp:attachment":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/media?parent=69708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/categories?post=69708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/tags?post=69708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}