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NOVEMBER 1ST, 2012 FOR RESIDENTIAL AND SMALL BUSINESS CONSUMERS
Time of Use Rates for Smart Meters
| TIME PERIOD |
Price/kWh |
Winter - November 1 2012 - April 30, 2013 |
| On-Peak |
11.8 cents |
7 am to 11 am and 5 pm to 7 pm weekdays |
| Mid-Peak |
9.9 cents |
11 A.M. to 5 P.M. weekdays |
| Off-Peak |
6.3 cents |
7 P.M to 7 A.M. weekdays and all day weekends and holidays |
Regulated Price Plan Tiered Prices
Tier 1
|
7.4 cents
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For the first 1000 kWh for residential customers.
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For the first 750 kWh for small business customers. |
Tier 2
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8.7 cents |
For consumption above Tier 1 levels.
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Recovery of Smart
Meter Expense per Month
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Small Business $7.10 |
| Residential $2.99 |
If you purchase your electricity from a retailer, your electricity price is charged according to your contract. There is also an additional line item on your bill called Global Adjustment. |
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OEB launches consumer awareness campaign |
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The Ontario Energy Board is launching a new multi-media consumer awareness campaign starting Monday, August 13, 2012. The campaign is designed to encourage consumers to understand who they are dealing with if an energy company salesperson comes to their door.
Please click here for more details. |
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Notice of Application and Hearing for an Electricity Distribution Rate Change |
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Festival Hydro Inc. (“Festival Hydro”) has applied to the Ontario Energy Board for permission to change its delivery charges beginning May 1, 2013. The application was filed on August 27, 2012 under section 78 of the Ontario Energy Board Act, 1998, S.O. 1998, c.15 (Schedule B), under the Board’s guidelines for 3rd Generation Incentive Regulation Mechanism which provides for a mechanistic and formulaic adjustment to distribution rates between cost of service applications.
For more information View the Entire Notice of Application and the 3rd Generation IRM Rate Application |
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Ontario Clean Energy Benefit (OCEB) AMENDMENTS
The Ontario ministry of Energy has made changes to the OCEB. Effective September 1, 2012, the amendment will limit the 10% reduction to the first unadjusted 3,000 kWh per month of consumption. The eligibility criteria have not changed and residential, farms and small businesses will still qualify.
Customers who require use of medical equipment that runs on electricity which is prescribed by a medical practitioner can be exempted from the 3,000 kWh/month cap by submitting a form. Please download and return the completed exemption form below or contact us and we will gladly send it to you.
Download the Exemption form here. |
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View your time of use data |
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Festival Hydro Customers on Time of Use Pricing are now able to view their usage online. This feature allows you to view your electricity consumption by the hour, view your historical usage broken down into peak, mid-peak and off-peak consumption. You can compare your usage to find the best way to save power and money. This service is available to customers on time of use rates. Consult your bill or contact us to see if you are on time of use rates.
Please head to https://tou.festivalhydro.com/app to view time of use data for your account. |
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