While we are now officially in spring, winter time-of-use pricing for Ontario electricity customers remains for the time being.
However, that will change in a few weeks as the summer time periods kick in.
Most electricity customers in Ontario have three options for billing: time-of-use and ultra-low overnight, with prices changing depending on when power is used; customers can also choose a tiered plan, with costs depending on how much electricity is used overall in a month.
Most customers in Ontario pay time-of-use rates.
From Nov. 1 to April 30, winter price periods are in effect and from May 1 to Oct. 31, the summer times are in place.
“Summer rates differ from winter rates to reflect different consumption patterns,” Ontario Energy Board spokesperson Mary Ellen Beninger previously told INsauga.com.
“For instance, in summer (May 1 to Oct. 31), electricity usage peaks during the hottest part of the afternoon when air conditioners are running on high. As …