The Ontario Energy Board sets the retail electricity rates for the Province of Ontario. More information is available on the OEB’s website: Here
REGULATED PRICE PLAN (RPP) – TIERED PRICING
Effective November 1, 2011, the Ontario Energy Board (OEB) introduced two-tier electricity pricing for customers on the Regulated Price Plan. The two-tier pricing is reflected in the charges for electricity usage. If you're on Regulated Price Plan Tiered Pricing, your consumption in kilowatt hours (kWh) is separated into two price tiers under the government's Regulated Price Plan.
For residential customers, the price threshold (the amount of electricity consumption that is charged at the lower price) will change twice a year. The price threshold will be 1,000 kWh per 30 days during the winter season (Nov. 1 - Apr. 30) and 600 kWh during the summer season (May 1 - Oct. 31). This allows consumers to use more electricity at the lower price in the winter. The OEB indicates that it will review and possibly change the RPP prices every six months, on November 1st and May 1st.
The current Tiered Pricing Rates are available on the Ontario Energy Board website: here
REGULATED PRICE PLAN - TIME OF USE (TOU) PRICING
If you're on Time-of-Use rates, your consumption in kWhs is separated into three periods: on-peak, mid-peak and off-peak. Off-peak pricing is less than half the cost of On-peak, providing consumers an opportunity to save by shifting their usage to off-peak periods.
Both of the Regulated Price Plan’s (RPP) (Tiered Pricing and Time-of-Use Pricing) cover the commodity cost of electricity charged to your building. Wyse passes this cost through to you, without mark-up and pays it directly to your building to offset the bulk utility bill.
The current Time-Of-Use (TOU) Prices & Periods are available on the Ontario Energy Board website: here