Conserving energy is the best way to lower your electricity bills. Here are some simple solutions to reducing your electricity bill and conserving energy:
Use electricity when the price is lower to reduce costs. Most residential customers pay time-of-use rates for their electricity which means that rates are different depending on season and when you use your electricity. Time-of-Use pricing includes 3 rate periods: On, Mid, Off.
For more information please visit - Ontario Energy Board – Managing Costs with Time-of-Use Rates
Source: Ontario Energy Board – Managing Costs with Time-of-Use Rates
Plugged in appliances, lamps and other electronic devices continue to draw power even when they’re turned off. It is estimated that 10% of residential energy use is due to ‘phantom’ power, costing Canadians approximately $150/year.
To reduce phantom power consumption, unplug your electronic devices when not in use. Alternatively, you can purchase a power bar and switch it off.
To improve energy efficiency within your house, make small changes to your heating and lighting.
For additional tips on energy conservation please visit - https://www.ontario.ca/page/how-use-less-electricity-home
For more information about the 2023 supply mix please click here.
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