The OEB has released the new RPP rates effective May 1, 2010 to October 31, 2010.
For conventional meters the 2 Tier rates are:
Tier 1 6.5 cents/kWh (was 5.8) up to the threshold of 600 kWh per month in the summer for residential consumers and 1000 kWh in the winter
Tier 2 7.5 cents/kWh (was 6.7) for the balance of monthly consumption
Note: A business that is on the RPP rates has a monthly threshold of 750 kWh all year long.
For Time of Use meters and assuming the consumer is billed by the utility on TOU rates (coming soon to all consumers):
Off Peak Rate 5.3 cents/kWh (was 4.4)
Mid Peak Rate 8.0 cents/kWh (was 8.0)
On Peak Rate 9.9 cents/kWh (was 9.3)
Note that all RPP rates INCLUDE an estimate of the Global Adjustment by the OEB (forecast to be 2.772 cents/kWh for these rates).
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