Residential Electricity Consumers
As part of the Regulated Price Plan, the Ontario Energy Board sets tiered prices for customers not on time of use prices. Effective May 1, 2019, eligible consumers will continue to pay 7.7 cents per kilowatt hour (kWh) up to a certain threshold each month, and 8.9 cents per kWh for electricity used per month over this amount.
The price threshold – the amount of electricity that is charged at the lower price – changes twice a year for residential consumers. The price threshold will be 600 kWh per month in the summer months from May 1, 2019 to October 31, 2019.
Non-Residential Electricity Consumers
These prices will also apply to non-residential consumers who are eligible for the RPP, but their threshold will remain at 750 kilowatt hours per billing month throughout the year.
The Global Adjustment credit set by the OEB effective May 1, 2018 is $44.38/MWh or 4.4 ¢/kWh
Visit the website of the Ontario Energy Board for more information on electricity pricing.
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