MEDIA ADVISORY - REMINDER: Summer Electricity Rates Take Effect May 1st

Peaksaver PLUS customers need to re-program in-home-displays

TORONTO, May 1, 2013 /CNW/ - Electricity costs will be increasing over the year.  As of today, summer rates are in place. The Ontario Energy Board regulates the prices and time periods, which change from summer to winter to better reflect seasonal consumption patterns. Toronto Hydro collects these charges, on behalf of generators, and passes them through to customers without mark-up.

peaksaver PLUS®customers using the free in-home energy device to monitor their electricity costs in real-time need to reprogram their  device to reflect the new rates and time blocks.

Watch to see how it's done youtube.com/torontohydro

These rates are in effect from May 1 - October 31.

Time(s)

Price

Off-peak

Weekdays 7pm to 7am All day weekends and holidays

6.7 ¢/kWh

Mid-peak

Weekdays 7am-11am and 5pm-7pm

10.4 ¢/kWh

Peak

Weekdays 11am-5pm

12.4 ¢/kWh

With the warmer weather, Toronto Hydro reminds customers to take advantage of off-peak times to help offset electricity use and manage their bills.  Customers should take advantage of the milder weather where heating and cooling are not necessary, and as the weather continues to warm up, windows can be opened versus cranking the air conditioner.

To offset the increase of summer rates, customers can seek out their phantom loads.  All those things plugged in consume up to $50 a year, even though the electronic devices are turned 'off'. Using a power bar with integrated timers and auto-shutoff can save up to $4 a month. For more energy conservation tips, visit torontohydro.com/conservation.

About Toronto Hydro 
Toronto Hydro-Electric System owns and operates an electricity distribution system, which delivers electricity to approximately 719,000 customers located in the City of Toronto. It is the largest municipal electricity distribution company in Canada and distributes approximately 19% of the electricity consumed in the Province of Ontario.

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Video with caption: "Programming your peaksaver PLUS home energy display. ". Video available at: http://www.youtube.com/v/oyQtcDZWjTE?version=3&hl=en_US

Image with caption: "May 1, 2013: peaksaver PLUS® customers with Toronto Hydro need to reprogram their in-home-device with the new electricity rates and time blocks for the summer. Here's the 'cheat sheet' to help. For more information on the program and written instructions visit torontohydro.com/peaksaver (CNW Group/Toronto Hydro Corporation)". Image available at: http://photos.newswire.ca/images/download/20130501_C2498_PHOTO_EN_26229.jpg

SOURCE: Toronto Hydro Corporation

Tanya Bruckmueller, Toronto Hydro-Electric System
[email protected]

W: 416-542-2621
C: 416-903-0440