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Province hints at changes to time of use hydro pricing

Typical residential analog electric meter with transparent plactic case showing household consumption in kilowatt hours. Electric power usage.
Typical residential analog electric meter with transparent plactic case showing household consumption in kilowatt hours. Electric power usage.
Energy Minister Glenn Thibeault suggests changes are on the way for timeofuse electricity pricing.

Energy Minister Glenn Thibeault suggests changes are on the way for time-of-use electricity pricing.
    
Thibeault says time of use saves the system money, so it can't be eliminated altogether.

The New Democrats said yesterday that electricity bills in Ontario could be cut by ending mandatory time-of-use pricing, reducing the delivery charge for rural customers and renegotiating power contracts.

The N-D-P plan would see customers either choose to stay on time-of-use billing or pay a fixed rate of 10.3 cents per kilowatt hour, higher than the current off-peak rate but lower than the current mid- and on-peak rates.

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