It won’t cost more to heat your home and keep the lights on this winter.
The Ontario Energy Board has announced that electricity prices for households and small businesses will not change under the Regulated Price Plan (RPP).
The OEB says the winter Time-of-Use (TOU) hours and the change in the Tier threshold for residential customers on Tiered pricing will take effect today as usual, while the Ontario Electricity Rebate (OER) will be changed to 17.0%.
The OER is a pre-tax credit that appears at the bottom of electricity bills. For a typical residential customer who uses 700 kWh of electricity per month the OER would decrease bills by about $20.90 each month.
The total bill impact for individual customers across the province may vary depending on the customer’s electricity usage and the utility that serves them.
In addition, under the OEB’s winter disconnection ban electricity distributors cannot disconnect residential customers for non-payment from November 15, 2021, to April 30, 2022.
The OEB reviews electricity prices twice a year, on May 1 and Nov 1, and if necessary, it adjusts the rates.
Happy Halloween!
Remember winter time-of-use rate periods come into effect at midnight tonight. Learn more: https://t.co/8YbO0Lyzhy pic.twitter.com/RP7zJV6nh7— Ontario Energy (@ONenergy) October 31, 2021
In Case You Missed It: Last week, @OntEnergyBoard announced that electricity prices for households and small businesses will not change on November 1. More info: https://t.co/Qtq09Aci1s pic.twitter.com/uEwvSaX25S
— ElexiconEnergy (@ElexiconEnergy) October 29, 2021
