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Electricity prices set to increase May 1

Posted April 16, 2014

The cost of hydro for residential and small business users is expected to increase an average of $2.83 per month, or 2.4 per cent, for a "typical consumption pattern of 800 kWh" beginning May 1, when the time of use period switches to spring/summer.

May 1 to Oct. 31 the lowest, off-peak period is from 7 pm to 7 am on weekdays, as well as all day on weekends and holidays, 7.5 cents/kWh, an increase of 0.3 cents. Mid-Peak is weekdays from 7 am to 11 am, and 5 pm to 7 pm, at a cost of 11.2 cents/kWh, up 0.3 cents.

The On-Peak  period is weekdays 11am - 5pm at a cost of 13.5 cents/kWh, an increase of 0.6 cents.

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