(Ontario) Hydro Billing - You can now opt out of Time-of-Use Pricing

How do we find out the new winter TOU and Tiered prices? Looking for Hamilton specifically.

IOwnAndPwnU wrote: ↑ How do we find out the new winter TOU and Tiered prices? Looking for Hamilton specifically.

It'll be posted here:
https://alectrautilities.com/rates-service-charges

and

https://alectrautilities.com/time-use-rates

So, what is everyone going to choose?

Hadn’t heard of this - thx OP.

Trying to find the tiered rate on the Wilmer Kitchener page is brutal. Will give them a cal tomorrow and see what the rates are. They do offer a historical usage download option so I’m interested to run the two pricing plans against historical usage...

darkwing_1978 wrote: ↑ Hadn’t heard of this - thx OP.

Check your last hydro bill, there was an insert page about this.

Simple.. if you are WFH, tiered pricing is way better as long as you use less than 30kwh per day average.

er34er34 wrote: ↑ Simple.. if you are WFH, tiered pricing is way better as long as you use less than 30kwh per day average.

Isn't wfh consuming more energy?

smartie wrote: ↑ Isn't wfh consuming more energy?

Not during the day/peak times, your monitor and laptop isn't consuming much energy. It's cooking, laundry etc that will. Exception being if you use electric heat and tend to crank it up during day in winter

Most people will be much better off with TOU rates wfh or not.

er34er34 wrote: ↑Simple.. if you are WFH, tiered pricing is way better as long as you use less than 30kwh per day average.

smartie wrote: ↑ Isn't wfh consuming more energy?

StatsGuy wrote: ↑ Not during the day/peak times, your monitor and laptop isn't consuming much energy. It's cooking, laundry etc that will. Exception being if you use electric heat and tend to crank it up during day in winter

Most people will be much better off with TOU rates wfh or not.

Honestly it all depends on new tiered rates. I calculated based on history and Tiered was toonie expensive compared to TOU. So freedom to use whenever during wfh is worth more to me than saving a toonie.

Are we allowed to change to say tiered for winter and tou for summer?

Of course the rates are still not up, nor the forms... guess tomorrow.

StatsGuy wrote: ↑
Not during the day/peak times, your monitor and laptop isn't consuming much energy. It's cooking, laundry etc that will. Exception being if you use electric heat and tend to crank it up during day in winter

Most people will be much better off with TOU rates wfh or not.

JaiKor wrote: ↑ Honestly it all depends on new tiered rates. I calculated based on history and Tiered was toonie expensive compared to TOU. So freedom to use whenever during wfh is worth more to me than saving a toonie.

Lights, computer, cooking lunch, using appliances during the day, AC/furnace blower.. I know I definitely I definitely came out ahead with Tiered. Pre-Covid, yes it'd be pretty close as we were primarily consuming during the off peak hours.

I admit I'm spectulating on the tiered rate based on the historical tiered rates compared to TOU.

Has anyone found the actual rate? I've logged in to 2 different utilities and it clearly explains the choice but doesn't give the rates.

No way we'll hit above 1000 KWH for winter. Even with this crazy hot summer and WFH, we were barely above 1000 KWh, only for July/Aug.

So Tiered price ($0.119) will be ~17% more than the TOU Off-Peak ($0.101), while TOU Mid-Peak and On-Peak are 21% and 75% more expensive than Tiered. Looking at last Winter we had more than 30% of usage in Mid or On-Peak, so TOU would be marginally more expensive than Tiered per month. And as another poster said, Tiered has the big advantage of not having to remember when and what date of the week to do what to avoid the peaks. I can actually go do a load of laundry while waiting for another work meeting to start.

The really bad period for Winter TOU is the 5-7pm ON-Peak time. That's right at dinner prep time and completely unavoidable.

Here is a link to the updated prices effective 1 November 2020 (released today):
https://www.oeb.ca/newsroom/2020/ontari ... businesses

Chevy II wrote: ↑Here is a link to the updated prices effective 1 November 2020 (released today):
https://www.oeb.ca/newsroom/2020/ontari ... businesses

Looks like tiered will be cheaper for me.

I see price comparison chart on Alectra account for both pricing model. Easy to figure out what works for you.

My account/Meter data/Price comparison on the Alectra website makes use of a price comparison tool and shows you how much you will pay with each option. I did a comparison for the past several months. The difference was minimal during the peak summer months when AC was running at full blast. With AC off now, in my case, tiered pricing is the way to go.

Does anyone know if this is one way? ie cant go back to TOU?

If its not, how do we go back to TOU?

CLOSER wrote: ↑Does anyone know if this is one way? ie cant go back to TOU?

If its not, how do we go back to TOU?

Says once in billing cycle. I see an option to go back but may not happen in then current billing cycle.