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
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
The Ontario Energy Board has set electricity prices effective May 1, 2021. These prices will appear on the Electricity line of you bill and are only for the electricity you use. They do not include other charges like delivery. Time of Use prices per kilowatt hour: Off Peak – 8.2¢ Mid Peak – 11.3¢ On Peak – 17.0¢ Tiered prices per kilowatt hour: Residential Tier 1 – First 600 kWh – 9.8¢ Tier 2 – Above 600 kWh – 11.5¢ The Ontario Electricity Rebate (OER) has also changed effective May 1, 2021. Effective May 1, 2021 the OER will be 18.9%.READ ALL ARTICLES
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