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What you need to know about Smart Metering in Brampton!

Under time-of-use pricing, switching your electricity use to off-peak times of the day will help to control electricity costs, and it is certainly better for the environment. However, Time-Of-Use (TOU) pricing will not come into effect for Hydro One Brampton customers until the installation of all Smart Meters has been substantially completed.

  Electricity prices fluctuate throughout the day on the open market, and as demand increases, electricity prices can also increase. Higher demand often means higher market prices.

To protect residential and small business customers from these fluctuating prices, the Ontario Energy Board (OEB) introduced the Regulated Pricing Plan (RPP) in 2005. Today, electricity consumers under the RPP pay a set price for their electricity that is approved and regulated by the OEB. The OEB reviews and adjusts the RPP rates accordingly twice a year to ensure that Ontarians are paying the effective market cost of electricity.

In an effort to keep electricity prices as low as possible, reduce peak electricity demand, and reinforce the conservation message, Ontario's Ministry of Energy has mandated that Smart Meters be installed in every home and small business in the province by the end of 2010.

The introduction of Smart Meters and 'Time-Of-Use' pricing for electricity will encourage consumers to shift their electricity use to off-peak, less expensive times of the day.

If you haven't had a Smart Meter installed yet, don't worry, it's coming. You might even already have one as the installation of these meters takes only a few minutes, and is otherwise relatively seamless.

If you have had a Smart Meter installed, your new meter will work just like your old one for now. You don't have to do anything different. And there will be no change to the way your electricity bill is calculated.

Visit the website of the Ontario Energy Board for more information on Ontario's Smart Metering Initiative.



Click on any of the following links to learn more ways to save electricity.

Saving Throughout the Seasons
Lighting Choices
Energy Savings and Your Appliances
The Home Office
Renovating with Efficiency in Mind
 
   


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This document was last modified on 05-10-2010.