The OEB Announces New Electricity Prices

Today, the Ontario Energy Board (OEB) set new electricity commodity prices and announced a change in both the Regulated Price Plan (RPP) and Time of Use (TOU) prices for the period of November 1, 2009 to April 30, 2010.

Also, starting November 1, 2009, the time-of-use-periods have changed to make time-of-use pricing more straightforward for consumers. As part of those changes, which were announced in May, 2009, the evening mid-peak period in winter has been eliminated and the shift from on-peak to off-peak prices will occur at 9:00 pm.

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