The OESP will reduce the cost of your household electricity by applying a monthly credit directly to your bill. Note: Effective November 1, 2019, the Ontario Energy Board has raised the price of electricity in Ontario for residential consumers to 20.8 cents per kilowatt hour, during peak hours 4.8 times what we were paying in 2003. SEER Savings Calculator. Enter a wattage value for your own product for the most accurate estimate. SEER Rating of Current Air Conditioner. Ventilation Cost Calculator. This price varies on an hourly basis depending on demand. The easiest way to calculate this is to take the total amount of your electric bill, subtract the base fees, surcharges and taxes, and divide by … See the difference for yourself and make an informed decision. In Panel A, below, we consider the Hydro Quebec electricity bills at the provincial average (1,550 kWh), and for cities in Ontario we consider the average electricity consumption reported by the local LDC and the provincial average for natural gas use. The levelized cost of energy (LCOE) is a measure of a power source that allows comparison of different methods of electricity generation on a consistent basis. Tue., Oct. 13, 2020 timer 2 min. The wattage values provided are samples only; actual wattage of products varies depending on product age and features. Learn more . But for simplification and to avoid an over-analysis of propane and electricity cost comparison, we'll cover it here in an unbiased an non-technical manner. Average gas price $ What is the price of gas? And although industrial electricity costs in New York and Boston remain higher than costs in Ontario cities, the cost differential is shrinking over time as Ontario cities experience faster increases. Based on a monthly usage of 1,000kWh, the average total cost of electricity in Ontario is $0.125/kWh (this number includes both fixed and variable costs). For example, an oil furnace that is more than 15 years old will generally be at 70% fuel efficiency. Ontario enjoys some of the lowest electricity prices in the country – but lower prices mean lower savings potential when you switch to solar. To determine the different price points of propane vs. electricity, we first need to do a bit of math. The breakdown of propane and electricity "units" are gallons and kilowatts as described above. In Panel B, below, we do the same but increase household energy consumption by 20 per cent. For instance, in 2010 electricity costs for small industrial users in Toronto were 85 per cent lower than in New York. PROVINCE. In the period of consideration, electricity prices have been decreasing. This chart shows Ontario’s current installed energy capacity by fuel type on Ontario's transmission system, as reported in the most recent Reliability Outlook, released December 2020. From 2008 to 2015, electricity prices also increased two-and-a-half times faster than household disposable income in Ontario. For a more accurate energy source cost comparison, it is always important to take into consideration the fuel efficiency of the heating equipment. The Hourly Ontario Energy Price is set based on the bids and offers that are settled in the electricity market. Welcome to the Ontario Electricity Support Program (OESP). Calculating Energy Usage. What is the difference in energy costs between a 14 SEER and a 25 SEER air conditioner? Listed fuel price levels are average prices from 2015 as reported by the US Energy Information Administration (see links to sources below the calculator). Fuel efficiency is the amount of energy that is actually converted into space heating. If you are a customer of an electricity utility and in a lower-income home, you may qualify for a reduction on your electricity bill. 16 440 GJ/yr. STARTING … The CAA Driving Costs Calculator will help you build a better understanding of all the ongoing costs of owning a vehicle. The current regulated electricity rates charged to Ontario hydro customers for the period May 1, 2019 to Oct 30, 2019 are shown below. Access these free and easy-to-use calculators below to convert one unit of measure to another, compare boiler fuel costs, calculate air emissions from natural gas combustion, analyze energy losses associated with boiler operations and more. Calculate Cost per Kilowatt-Hour. By Rob Ferguson Queen's Park Bureau. 9 SEER VS 18 SEER on a 3 Ton Air Conditioner* Current A/C Tonnage . New Used ; ANNUAL MILEAGE (km) YEAR. Use the ventilation calculator to determine the annual energy consumption and cost for heating ventilation air to space temperature. SELECT VEHICLE. Calculate the Total Electricity Cost for Lights. Cost calculator. The calculator does not consider annual maintenance costs. How much am I likely paying right now in electricity for my current air conditioner? This was two-and-a-half times greater than the national average of 6 percent during the same period. Or adjust the figures below. The national average cost for electricity is $.12 per kilowatt-hour. Home › Energy savings › Residential › Tools & calculators › Cost calculator. Finally, for comparison, you'll be shown how much the same appliance would cost to run if you switched to the cheapest energy deal available. Every electric company charges a different rate for electricity, and those rates may vary month to month. Quick and accurate estimate of the savings you can expect with an electric car. While changing prices are an important driver of home energy costs, changes in energy efficiency and substitution between energy sources also matter. Union Gas offers a variety of energy calculators to help you compare energy costs and make informed energy decisions for your business. Find out instantly by using the SEER Savings Calculator! Click calculate to find out the electricity cost of a single LED light bulb running at 10 Watts for 5 hours a day @ $0.10 per kWh, you can also modify the input fields if needed. To calculate how much it will cost you per mile based purely on the mile per kWh and the cost of your electricity, we need to know two things. We look for exceptional people to bring new ideas and fresh thinking to BC Hydro. Although electric heating offers significantly lower installation costs, gas heating provides consumers with a much lower cost per 1 million BTU ($18 in comparison to the $32 consumed by electric heating systems). A little over half that of an efficient gas car. Also check out this page that shows electricity rates by province and Ontario's historical RPP Rates. Use the Ontario Energy Board bill calculator to see what your total bill would look like with new, November 1, 2020, Time-of-Use and Tiered prices. The LCOE can also be regarded as the minimum constant price at which electricity must be sold in order to break even over the lifetime of the project. The price also takes into account factors such as weather, time of day, day of week and economic conditions. 1. A small exhaust fan left running at night can be easily overlooked, but you may be surprised by the energy cost of leaving it on. The wattage values provided are samples only; actual wattage of products varies depending on product age and features. Hourly Ontario Energy Price (HOEP) The Hourly Ontario Energy Price (HOEP) is assessed for customers with an interval meter installed who have not signed a contract with an energy retailer. Rebates and offers; Saving energy in your home. More complex heating systems may come with higher maintenance costs. Annual Energy Intensity by Floor Area $227,000 14 000 m 2 = $16.21 per m 2 /yr. 14 000 m 2 = 1.17 GJ/m 2 /yr. We found some great calculators to help you calculate your energy savings costs: The Office of Energy Efficiency and Renewable Energy has many calculators to help you better understand energy and costs savings associated with dozens of household appliances, heating and cooling, lighting and electronics. What is your annual mileage? Use the EV Savings Calculator to determine the savings that driving an electric car could net you, depending on your lifestyle and region. The hourly electricity price in Ontario was about 1.38 Canadian dollar cents per kilowatt hour in 2020. Ontario electricity prices to rise almost 2%. If you aren't in a rural area, the cost is just $1.99. Further, fuel prices often vary substantially across customers. As you can see in this pic, your costs per Kilowatt-Hour (kWh) can vary based on the day and your location. How to Read Your Energy Bill. So in rural Ontario, the most expensive part of the country for electricity, 100 km in a Bolt will cost $4.21. Installing networked electric vehicle charging stations; Public electric vehicle charging stations in BC; Carbon Capture Pilot program; Rebates & energy savings. : Time-of-Use Pricing Calculate the total lighting cost by multiplying the kilowatt-hours used by the cost per kWh. The first is the official figures per mile each Tesla will do, and the second how much you are paying for your electricity. Some retailers never see an energy bill. These figures do not include the capacity of embedded generators that operate within local distribution systems, except those that are registered to participate in Ontario’s wholesale electricity market. "Mid-peak" rates climb to 14.4 cents per kWh for the hours of 7 a.m. to 11 a.m. and 5 p.m. to 7 p.m. on weekdays. Our electricity costs calculator shows results in kWh (kilowatt hours) which is what the unit rates are measured in on your energy bills and then works out how much it costs to run. Due to geographic differences in energy prices, the percent change in fuel prices imposed by a carbon tax will vary across the country. Enter a wattage value for your own product for the most accurate estimate. Careers. Click here to learn more about it. Ontario's electricity price change between 2015 and 2016 alone is also substantial: the province experienced a 15 percent increase in one year. Our appliance and electronic energy use calculator allows you to estimate your annual energy use and cost to operate specific products. Whether you buy new or used, there's more to the cost of your vehicle than purchase price. By 2016, the differential had shrunk to 51 per cent. Our appliance and electronic energy use calculator allows you to estimate your annual energy use and cost to operate specific products. Get help. You can even use the calculator to compare gas, hybrid and electric vehicles. The calculator provides general estimates on what energy costs may be expected from the heating systems being considered. price = kWh × cost per kWh. BY BRAND BY CATEGORY. But wait, charge that car at night or any time on off-peak weekends, as most EV owners do, and the Ontario cost drops to just $2.36. read. (Km) More Filters. Instead, you may pay fixed or variable energy costs to your landlord as part of your lease. Get in touch with us. Get answers to questions about paying your bill, rates, moving your account and more. Select an example item . Need help with your bill? Home energy costs, the costs Ontarians pay to heat and cool their homes and power their appliances, are a pocket-book issue for Ontarians and a frequent topic of debate in Ontario’s Legislative Assembly. 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