About Time-of-Use
Time-of-Use electricity pricing is a way of adjusting the cost of electricity based upon demand. With TOU pricing there are three cost periods each weekday referred to as “Off-peak”, “Mid-peak”, and “On-peak” periods. Weekends and holidays will all be low cost, or Off-peak periods. The charts below show the times when each period is in effect and the electricity cost during each period. The daily timing of these periods changes twice a year and so there are two charts – one for summer and one for winter.
SUMMER WEEKDAYS
(MAY 1 - OCTOBER 31)
WEEKENDS AND
STATUTORY HOLIDAYS
WINTER WEEKDAYS
(NOVEMBER 1 - APRIL 30)
Off-Peak
Mid-Peak
On-Peak
Electricity Price (¢/kWh) (May 2023 - Oct 2023)
|
Off-Peak
|
Mid-Peak
|
On-Peak
|
|
7.4¢
|
10.2¢
|
15.1¢
|
Electricity Price (¢/kWh) (Nov 2023 - Apr 2024)
|
Off-Peak
|
Mid-Peak
|
On-Peak
|
|
8.7¢
|
12.2¢
|
18.2¢
|
Unless specified otherwise, the prices and costs shown above reflect only the base electricity charge on your bill. Your bill will include additional items (delivery, regulatory and debt retirement charges, taxes, etc.) which are not included in the costs shown above.