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

You can now opt out of Time-of-Use Pricing

If you’re a residential or small business customer that pays Time-of-Use (TOU) electricity prices, you can choose to switch to Tiered prices beginning November 1, 2020.

To switch to Tiered prices, you must notify us by completing the Election form, available on our website.

If you want to continue paying TOU prices, no action is required.

Considering a switch? Learn more.

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:

time of use chart pricing 2020

Tiered Pricing

FIRST 1000 kWh  – $0.126/kWh  /   BALANCE kWh  – $0.146/kWh

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.