Time-of-Use Price Plan – Effective November 1, 2023
On-Peak
18.2 ¢/kWh
Mid-Peak
12.2 ¢/kWh
Off-Peak
8.7 ¢/kWh
Tiered Price Plan – Effective November 1, 2023
Tier 1 (Nov 1 to April 30 = first 1,000kWh. May 1 to Oct 31 = first 600kWh)
10.3 ¢/kWh
Tier 2 (after surpassing threshold)
12.5 ¢/kWh
Ultra-Low Overnight Price Plan – Effective November 1, 2023
ULO On-Peak
28.6 ¢/kWh
ULO Mid-Peak
12.2 ¢/kWh
ULO Weekend Off-Peak
8.7 ¢/kWh
ULO Ultra-Low Overnight
2.8 ¢/kWh
All electric charges are reduced on Residential bills by:
19.3% (Ontario Electricity Rebate) for usage as of Nov 1, 2023.
11.7% (Ontario Electricity Rebate) for usage as of Nov 1, 2022.
17.0% (Ontario Electricity Rebate) for usage as of Nov 1, 2021.
18.9% (Ontario Electricity Rebate) for usage as of May 1, 2021.
2024 HOLIDAY SCHEDULE (24 HOURS OF OFF-PEAK)
Date
Holiday
Date
Holiday
Monday, Jan 1
New Year’s Day
Monday, Aug 5
Civic Holiday
Monday, Feb 19
Family Day
Monday, Sep 2
Labour Day
Friday, Mar 29
Good Friday
Monday, Oct 14
Thanksgiving Day
Monday, May 20
Victoria Day
Wednesday, Dec 25
Christmas Day
Monday, Jul 1
Canada Day
Thursday, Dec 26
Boxing Day
OTHER RATES – January 1, 2024 to December 31, 2024
The following rates are being charged to NOTL Hydro residential customers.
SUMMARY OF RATES
Electricity
Based on above
Total Other Fixed Charges
$35.10/month
Total Other Variable Charges
$0.0211/kWh
MONTHLY RATES DETAIL (OEB APPROVED)
Service Charge
$33.13/month
Rate Rider for Disposition of Deferral/Variance Accounts – Group 2 – effective until December 31, 2024
$0.85/month
Rate Rider for Disposition of Account 1576 – effective until December 31, 2024
$0.45/month
Smart Metering Entity Charge – effective until December 31, 2027
$0.42/month
Rate Rider for Disposition of Deferral/Variance Accounts – effective until December 31, 2024
$0.0030/kWh
Rate Rider for Disposition of Capacity Based Recovery Account Applicable only for Class B Customers – effective until December 31, 2024
$(0.0001)/kWh
Rate Rider for Disposition of Global Adjustment Account – Applicable only for Non-RPP Customers – effective until December 31, 2024 (Customers with a retailer)
$0.0004/kWh
Retail Transmission Rate – Network Service Rate
$0.0109/kWh
Retail Transmission Rate – Line and Transformation Connection Service Rate
$0.0014/kWh
Wholesale Market Service Rate (WMS) – not including CBR
$0.0041/kWh
Capacity Based Recovery (CBR) – Applicable for Class B Customers
$0.0004/kWh
Rural or Remote Electricity Rate Protection Charge (RRRP)
$0.0014/kWh
Standard Supply Service – Administrative Charge (if applicable)
$0.25/month
Adjusted Usage – line loss
3.74%
Service Charges
Effective January 1, 2024
As approved by the Ontario Energy Board
Monthly distribution and electricity rates will be shown on a Rates Card to be provided with customer bills. The Ontario Energy Board also approved the following charges:
