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Time-of-Use Pricing Drops on May 1, 2017

Posted On: Monday, May 1, 2017

NEW electricity prices for households and small businesses start May 1, 2017

Households and small businesses that buy their electricity from their local utility will see their electricity prices go down starting May 1 2017.

Summer time-of-use changes May 1, 2017.
In summer, electricity use peaks during the hottest part of the afternoon, when air conditioners are running on high. On-peak hours are during the middle of the day, 11 a.m. to 5 p.m. No matter which season we’re in, the cheapest prices are in effect all day on weekends and holidays. 

The times and rates for when time-of-use prices apply during the summer (May 1 to October 31) are:

Off-Peak:  7.7 ¢ / kWh from Monday to Friday 7pm to 7am and all day weekends & holidays;

Mid-Peak: 11.3 ¢ / kWh from Monday to Friday 7am to 11am and 5pm to 7pm;

On-Peak:  15.7 ¢ / kWh from Monday to Friday 11am to 5pm.

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