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Electricity prices remain virtually unchanged starting May 1

Posted On: Friday, April 26, 2019

The Ontario Energy Board (OEB) has announced there will be little change to electricity prices on May 1, and remind consumers that summer time-of-use (TOU) hours come into effect on May 1.

For residential and small business customers that buy their electricity from their utility, the new TOU prices set by the OEB for May 1, 2019 under the Regulated Price Plan (RPP) are shown in the table below. The table also shows the hours to which those prices apply.

TOU Price Period

Summer hours

May 1 to October 31

TOU prices

May 1 2019 to October 31 2019

Change
Off-Peak Weekdays 7 p.m. – 7 a.m. All day weekends and holidays 6.5 ¢/kWh No change
Mid-Peak Weekdays 7 a.m. – 11 a.m. and 5 p.m. – 7 p.m. 9.4 ¢/kWh No change
On-Peak Weekdays 11 a.m. – 5 p.m. 13.4 ¢/kWh Up 0.2 ¢/kWh

For more details, please visit the Ontario Energy Board's webiste at: https://www.oeb.ca/

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