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Thursday 5 October 2023

Alectra, Hydro One latest Ontario utilities to offer ultra-low overnight power rates

Alectra Utilities and Hydro One are now offering customers the opportunity to enroll in the Ontario Energy Board’s ultra-low overnight (ULO) electricity pricing plan ahead of the November 1st deadline imposed by the energy regulator.

The ULO pricing plan is structured based on the day and time when electricity is consumed. It offers a particularly low rate during the overnight hours, which makes it an attractive billing option for EV drivers.

“The great thing about this rate option is that it rewards customers who are electric vehicle (EV) users who can charge at home overnight and others who can shift their general electricity use to overnight periods,” says Brian Bentz, president and CEO of Alectra, in a press statement.

Read the whole story on electricautonomy.ca



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