Time Of Use

Your electricity charges at different times of the day.

Current Time of Use

This fixed electricity price will be in place from June 1 – October 31, 2020.


CURRENTLY

On-Peak $$$

12.8 ¢/kWh

Current Time of Use

Winter rates are in effect – November 1, 2019 to April 30, 2020


CURRENTLY

On-Peak $$$

20.8 ¢/kWh

Current Time of Use

Summer rates are in effect – May 1, 2019 to October 31, 2019


CURRENTLY

On-Peak $$$

13.4 ¢/kWh

Current Time of Use

CURRENTLY

Off-Peak $

10.1 ¢/kWh

As Ontarians continue to work and learn from home, the OEB are extending the suspension of time-of-use price to provide consumers with greater stability and predictability with their electricity bills.

To extend this support responsibly, the OEB will introduce a fixed electricity price, known as the COVID-19 Recovery Rate, of 12.8 cents per kWh, which will be automatically applied to all time-of-use customers 24 hours a day, 7 days a week. This fixed electricity price will be in place from June 1 – October 31, 2020.

The COVID-19 Recovery Rate of 12.8¢/kWh is based on the average cost of electricity, set by the Ontario Energy Board. This fixed rate will continue to suspend time-of-use prices in a fiscally responsible manner. By introducing this new fixed rate, consumers will have greater flexibility to use electricity when they need it without paying on-peak and mid-peak prices.

For more information, please visit https://news.ontario.ca/mndmf/en/2020/05/ontario-provides-consumers-with-greater-stability-and-predictability-with-their-electricity-bills.html?utm_source=ondemand&utm_medium=email&utm_campaign=m&fbclid=IwAR2HAjsBSsEj2mEfAGwIDKP9RgRsebksoQnt-5RX0Yr6Sm8KYrGOIGX4t1g

The majority of Lakeland Power’s residential and small business customers are billed based on time-of-use rates. The rate periods are different in the summer and winter months. With time-of-use rates, there is a financial incentive for you to conserve energy and to shift some consumption away from on-peak periods. There are three price periods:

Summer Weekdays

MAY 1st to OCTOBER 31st

The highest energy prices occur over the afternoon, when air-conditioning use is greatest.

Winter Weekdays

NOVEMBER 1st to APRIL 30th

There are two peak periods during the winter months: in the early morning and in the evening. During these times, increased space heating, lighting and appliance use is common.

Weekends and Holidays

These periods are off-peak, all year.

OFF-PEAK 12.8 ¢/kWh
MID-PEAK 12.8 ¢/kWh
ON-PEAK 12.8 ¢/kWh

The electricity charge of your bill is calculated using time-of-use rates which are determined by the Ontario Energy Board.