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Thread: Time of Use Electricity Rates

  1. #136
    no more door to door! :) walkonby's Avatar
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    Once a year I get the " list " that tells me my equal billing amounts. I'm kind of relieved that the monthly amount has only increased by a single DOLLAR! I can accept a $12.00 increase for the year.
    We are not as thrifty or careful as we used to be with TOU. I bake when I feel like it sometimes in the middle of the day! ha ha
    barbis9 and crafter like this.




    babies teach us acceptance

  2. #137
    Frosh Canuck
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    New higher rates effective November 1, 2023. OER increasing from 11.7% to 19.3%. If usage charge is low compared to fixed/delivery charges, bill can actually decrease since OER applies to the entire bill.

    Old -> New (c/kWh)

    Tier 1: 8.7 -> 10.3
    Tier 2: 10.3 -> 12.5

    TOU
    Off: 7.4 -> 8.7
    Mid: 10.2 -> 12.2
    On: 15.1 -> 18.2
    barbis9, walkonby and GoodBoy like this.

  3. #138
    Easy Glider GoodBoy's Avatar
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    For us Tiered is still the best. Our equal payments went down 30$ a month. And the tiered still allows us never to worry about when we use hydro. It is much lower than mid or high periods of TOU. That is a crazy price for highest period. Ouch!!
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  4. #139
    Smart Canuck
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    I don't use a lot of electricity so I prefer the tiered. TOU peak rates are crazy!
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  5. #140
    Easy Glider GoodBoy's Avatar
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    Quote Originally Posted by barbis9 View Post
    I don't use a lot of electricity so I prefer the tiered. TOU peak rates are crazy!
    No kidding on the peak rates!! Nuts!!
    barbis9 and Ciel21 like this.

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