Starting on May 1, 2014, the prices for the electricity commodity for households and small business customers will be increasing by 0.3 to 0.6 cents per kilowatt-hour (kWh). These prices are set by the Ontario Energy Board and are based on costs associated with the generation of electricity in the Province.
The new prices are as follows:
* for Off-Peak hours (evenings and weekends), the price is 7.5 cents per kWh
* for Mid-Peak hours (Weekday mornings and late afternoons), the price is 11.2 cents per kWh
* for On-Peak hours (Weekday mid-days), the price is 13.5 cents per kWh
Please refer to the following link for further information. Notice of New Electricity Commodity Prices