TORONTO, April 21 /CNW/ - As the days get longer and spring finally
arrives, Toronto Hydro-Electric System Limited (Toronto Hydro) is
reminding its Time-of-Use (TOU) customers that electricity prices on
the upcoming holiday weekend are at OFF-PEAK rates - the lowest
electricity price - all day.
The following dates are designated OFF-PEAK periods:
Friday, April 22
Saturday, April 23
Sunday, April 24
Time-of-Use rates are designed to encourage customers to shift their
electricity use to off-peak periods; this helps reduce strain on the
grid for periods when electricity consumption is at its peak.
Customers interested in learning more about their electricity
consumption can sign up for Toronto Hydro's TOU website (www.torontohydro.com/tou) to view their personal electricity usage on an hourly, daily and
weekly basis. 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.
Green your Spring Clean!
Got the itch to start tidying up around the house? Here are some
electricity-saving tips to help make your spring clean green (1):
Service your air conditioner so it's operating as efficiently as
Seal your air ducts with duct tape to minimize air leaks for heating and
Caulk, weather strip and insulate to reduce your heating and cooling
bills by as much as 25 per cent.
Install blinds or plant trees around the house to minimize the need for
Install a programmable thermostat that automatically adjusts the
temperature when you're not home.
Turn your heating and cooling system off on warmer spring days when you
don't need it and when opening the windows to air-out your home.
Go Green and Get Incentives
Take advantage of one of Toronto Hydro's numerous conservation programs
and get incentives!
Get rid of that old second fridge or freezer, free of charge, with the
Fridge & Freezer Pickup program.
Replace inefficient air conditioners or furnaces and receive incentives
up to $650 with the Heating & Cooling Incentive program.
Get an on-bill credit by signing up to peaksaver®.
Download and redeem money saving coupons on energy efficient products at
For more information on these and other programs, visit: torontohydro.com/conservation
About Toronto Hydro
Toronto Hydro Corporation is a holding company which, through its
Toronto Hydro-Electric System Limited ("LDC") - distributes electricity
and engages in Conservation and Demand Management activities; and
Toronto Hydro Energy Services Inc. ("TH Energy") - provides street
The principal business of the Corporation is the distribution of
electricity by LDC. LDC owns and operates an electricity distribution
system that delivers electricity to approximately 700,000 customers
located in the City of Toronto.
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.
These materials may also contain forward-looking information within the
meaning of applicable securities laws in Canada ("Forward-Looking
Information"). The purpose of the Forward-Looking Information is to
provide Toronto Hydro's expectations about future results of
operations, performance, business prospects and opportunities and may
not be appropriate for other purposes.
All Forward-Looking Information is given pursuant to the "safe harbour"
provisions of applicable Canadian securities legislation. The words
"anticipates", "believes", "budgets", "could", "estimates", "expects",
"forecasts", "intends", "may", "might", "plans", "projects",
"schedule", "should", "will", "would" and similar expressions are often
intended to identify Forward-Looking Information, although not all
Forward-Looking Information contains these identifying words. The
Forward-Looking Information reflects the current beliefs of, and is
based on information currently available to, Toronto Hydro's
The Forward-Looking Information in these materials includes, but is not
limited to, statements regarding Toronto Hydro's future results of
operations, performance, business prospects and opportunities.
The statements that make up the Forward-Looking Information are based on
assumptions that include, but are not limited to, the future course of
the economy and financial markets, the receipt of applicable regulatory
approvals and requested rate orders, the receipt of favourable
judgments, the level of interest rates, Toronto Hydro's ability to
borrow, and the fair market value of Toronto Hydro's investments.
The Forward-Looking Information is subject to risks, uncertainties and
other factors that could cause actual results to differ materially from
historical results or results anticipated by the Forward-Looking
Information. The factors which could cause results or events to differ
from current expectations include, but are not limited to, the timing
and amount of future cash flows generated by Toronto Hydro's
investments, market liquidity and the quality of the underlying assets
and financial instruments, the timing and extent of changes in
prevailing interest rates, inflation levels, legislative, judicial and
regulatory developments that could affect revenues, and the results of
borrowing efforts. Toronto Hydro cautions that the above list of
factors is not exclusive.
All Forward-Looking Information in these materials is qualified in its
entirety by the above cautionary statements and, except as required by
law, Toronto Hydro undertakes no obligation to revise or update any
Forward-Looking Information as a result of new information, future
events or otherwise after the date hereof.
(1) Ontario Power Authority and Natural Resources Canada
SOURCE Toronto Hydro Corporation
For further information: