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SMART METERS AND TIME-OF-USE RATES

A smart meter tracks how much electricity you use and when you use it, providing key information to help you manage your electricity costs. A majority of residences and small businesses are now equipped with smart meters, marking a significant step toward creating a conservation culture in the province.

Soon, all Ontario consumers will have made the switch to time-of-use rates, where the price of electricity depends on when it is used. The timing and rollout of time-of-use rates varies by electricity utility.  Here’s more information about the province’s smart metering initiative:


Smart Meters: An Overview

How Your Smart Meter Works
A smart meter electronically tracks how much electricity is used and when it is used, paving the way for time-of-use pricing.

Time-of-Use Prices
For consumers with active smart meters, the price of electricity depends on when it's used. Learn more about on-peak, mid-peak and off-peak pricing.

Make the Shift
Eliminate or shift some of your electricity use during peak periods – and save.

Smoothing the Peaks
Why reducing electricity consumption during peak periods is important for the provincial power system – and the environment.

CURRENT PRICES & PERIODS

The OEB website provides detailed information about time-of-use rates. Here's a snapshot of the current smart meter time-of-use rates for winter:

 Weekends & Holidays

 All Day

7.2 ¢/kWh 

 Winter Weekdays
 (Nov 1 to April 30)

 7 am to 11 am

12.9 ¢/kWh 

 11 am to 5 pm

10.9 ¢/kWh 

 5 pm to 7 pm

12.9 ¢/kWh 

 7 pm to 7 am

7.2 ¢/kWh 

ONTARIO'S SMART
METERING SYSTEM

The IESO is facilitating the implementation of Ontario's smart meter network. For more information about the Meter Data Management/Repository visit www.smi-ieso.ca.