Conserving energy is the best way to lower your electricity bills. Here are some simple solutions to reducing your electricity bill and conserving energy:
Use electricity when the price is lower to reduce costs. Most residential customers pay time-of-use rates for their electricity which means that rates are different depending on season and when you use your electricity. Time-of-Use pricing includes 3 rate periods: On, Mid, Off.
For more information please visit - Ontario Energy Board – Managing Costs with Time-of-Use Rates
Source: Ontario Energy Board – Managing Costs with Time-of-Use Rates
Plugged in appliances, lamps and other electronic devices continue to draw power even when they’re turned off. It is estimated that 10% of residential energy use is due to ‘phantom’ power, costing Canadians approximately $150/year.
To reduce phantom power consumption, unplug your electronic devices when not in use. Alternatively, you can purchase a power bar and switch it off.
To improve energy efficiency within your house, make small changes to your heating and lighting.
For additional tips on energy conservation please visit - https://www.ontario.ca/page/how-use-less-electricity-home
You could get a monthly, on-bill credit of $35 or more. The OESP credit amount depends on how many people live in the home and the combined annual household after tax income. Effective March 1, 2024 income eligibility thresholds change making more homes eligible for the credit. Beware of energy scams: Home energy assessments, audits, inspections and home visits are not required to apply for the OESP. Apply now or learn more at OESP.ca
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