Smart Meters
In striving to achieve its goal of becoming a leader of energy efficiency, the Government of Ontario has committed to installing a smart meter in every home within the province by the end of 2010.
What is a Smart Meter?
A smart meter is an electricity meter that is designed to allow your local electricity distributor to track how much electricity you use, and more importantly, what time of day you use it, making it possible for customers to take advantage of Time of Use (TOU) pricing. It looks very similar to your existing meter except there are no dials and the numbers are digital.
What does a Smart Meter do?
In measuring how much energy you use and when you use it, your smart meter is a tool that you can use to take action in helping to reduce your energy bill.
A Smart meter will automatically send out your meter readings via wireless and other technologies, meaning you no longer have to estimate your monthly bill.
Smart Meters at EnWin
EnWin will begin installing Smart Meters in homes within our service territory in 2008. We will notify you when we install a smart meter.
| Off-peak $0.030/kWh | |
| Mid-peak $0.070/kWh | |
| On-peak $0.087/kWh |
What is Time of Use Pricing?
Time of Use (TOU) pricing means that electricity prices will vary based on when electricity is used, taking into consideration time of day, time of week (weekday/weekend), and season. TOU pricing is being implemented to encourage Ontarians to use electricity when it is at it's lowest price, which can lead to substantial changes on their monthly bill (i.e. take advantage of lower prices at night and on the weekends).
TOU Pricing Not Automatic
You will not automatically move to time-of-use rates once your smart meter has been installed. EnWin will keep you informed with news and updates from the Ontario Government, and will contact you directly before time of use rates come into effect. At the present time you will not notice any difference in your billing.
