Beginning on November 1, electricity consumers will be paying less for their electricity usage, according to Oshawa Power.
It said the Ontario Energy Board (OEB) has announced new electricity rates for customers on a Regulated Pricing Plan (RPP) that represents a decrease in the cost of electricity for the consumer.
Alongside the new RPP rates, customers will see their electricity pricing switch to the winter pricing schedule.
Residential and small commercial customers enrolled in Time-of-Use (TOU) or Ultra Low Overnight (ULO) pricing plans will see the pricing periods for electricity use switch to the winter schedule. For customers enrolled in the Tiered pricing plan, winter electricity pricing tiers will take effect.
The winter pricing schedule will remain in effect until May 1, when customers will see the return of the summer pricing schedule.
Delivery and regulatory charges will remain unchanged for Oshawa Power customers.
New RPP rates and usage schedules for each pricing plan are outlined in the following charts:
Time-of-Use (TOU)
Tiered
Ultra Low Overnight (ULO)
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