Ontario to announce ‘pick-and-pay’ hydro options

The province is ready to unveil a pilot project that will allow hydro customers to tailor on and off-peak billing times to their lifestyles.

The new hydro packages in the pilot will be tailored to different lifestyles, with peak and off-peak pricing options that accommodate different schedules for cooking, doing laundry and entertaining.

The time of use pricing in the plans will be set by the Ontario Energy Board.

Use of smart meters, smartphones and smart thermostats so that local distribution companies can warn customers before prices are set to rise, allowing customers to remotely adjust their usage is also in the plan.