Most residential and small commercial customers have a smart meter and pay time‐of-use (TOU) rates for electricity. With TOU rates, you pay according to the time of day and day of the week you use electricity. TOU rates fluctuate to reflect the fact that the cost to provide electricity changes throughout the day according to provincial supply and demand.
TOU rates are set by the Ontario Energy Board.
- For Time-of-Use Pricing and Tiered Pricing, Alectra Utilities passes this cost through to you, without mark-up, and pays it directly to our suppliers.
- Customers who have signed a contract with an energy retailer pay the price stated in their contract plus the Global Adjustment.
Electricity used on weekends and holidays is charged the off-peak price during both the winter and summer periods. Off-peak prices are in effect on the following 2021 holidays: your electricity usage.
DAY OF OFF-PEAK PRICING
New Year's Day