Winter rate change in effect November 1

TORONTO, Nov. 1, 2011 /CNW/ - Today, Toronto Hydro-Electric System Limited ("Toronto Hydro") reminds its customers that winter rates are now in effect. From November 1, 2011 - April 30, 2012, the time blocks and prices have changed. This means that customers need to be aware of when they are using electricity - shifting use to off-peak or mid-peak periods can help manage electricity bills.

The Ontario Energy Board regulates the prices and time periods, which change from summer to winter to better reflect seasonal consumption patterns. Toronto Hydro collects these charges and passes them through to power producers without mark-up.

Toronto Hydro customers are encouraged to register on the Time-of-Use (TOU) portal to view their daily and hourly electricity usage. This is an easy-to-use tool that can help customers better understand their personalized usage and to think about conservation.

New prices are as follows:

  • On-peak (weekdays from 7-11 a.m. and from 5-7 p.m.) - 10.8 cents/kWh
  • Mid-peak (weekdays from 11 a.m. - 5 p.m.) - 9.2 cents/kWh
  • Off-peak (weekdays from 7 p.m. - 7 a.m. and all day on weekends and statutory holidays) - 6.2 cents/kWh 

Customers interested in learning more about their electricity consumption can sign up for Toronto Hydro's TOU website (www.torontohydro.com/tou). The data is updated as recently as the previous day. We've also added new usage alerts, which are e-mailed to customers to help them track and predict their electricity use.

Using less means paying less. Visit: torontohydro.com/conservation

About Toronto Hydro

Toronto Hydro-Electric System Limited owns and operates an electricity distribution system, which delivers electricity to approximately 705,000 customers located in the City of Toronto.  It is the largest municipal electricity distribution company in Canada and distributes approximately 19% of the electricity consumed in Ontario.

The information in these materials is based on information currently available to Toronto Hydro Corporation and its affiliates (together hereinafter referred to as "Toronto Hydro"), and is provided for information purposes only. Toronto Hydro does not warrant the accuracy, reliability, completeness or timeliness of the information and undertakes no obligation to revise or update these materials. Toronto Hydro (including its directors, officers, employees, agents and subcontractors) hereby waives any and all liability for damages of whatever kind and nature which may occur or be suffered as a result of the use of these materials or reliance on the information therein.

Links:

Time of Use - torontohydro.com/tou

Conservation - torontohydro.com/conservation

Twitter - twitter.com/torontohydro

Facebook - facebook.com/torontohydro

YouTube - youtube.com/torontohydro

SOURCE Toronto Hydro Corporation

For further information:

Jennifer Link  jlink@torontohydro.com 416-542-2725


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