In Ontario's Open Electricity Market, You're Free to Choose Your Supplier
Hydro 2000 Inc, How It Works
As a customer, RPP pricing ensures that you are supplied with electricity and that the price you pay is regulated. RPP residential customers with TOU rates are charged different rates based on the time of day for the electricity used. Your smart meter records how much electricity you use and when you use it.
Customer with Tier rates can use a certain amount of electricity at a lower price. Once the limit is exceeded, a higher price applies.
Private Energy Retailer, How It Works
Numerous companies have been licensed by the Ontario Energy Board to offer fixed rate, fixed terms contracts to supply electricity. This gives you the opportunity to compare rates and offers and sign a contract with the electricity retailer of your choice.
Remember, electricity retailers are quoting on the commodity price of electricity, which appears in the “Electricity Charge” portion of your bill. All the other regulated charges on your bill – including Delivery Charges, Regulatory Charges and Government Charges are not included in their rate.