Centre Wellington Hydro

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Smart Meters

Smart Meter Update.

Centre Wellington Hydro has completed 100% deployment of smart meters, which consisted of installing over 6,400 smart meters to its customers.

The Ontario government set a goal of having a smart meter in every home and business across the province by 2010, and Centre Wellington Hydro met this directive.

The new smart meters record not only the amount of electricity consumed, but also the when the electricity was used. Smart meters accurately record consumption in hourly intervals and remotely send the data to a computer system that will separate the hourly data into three groups. This will enable a Time of Use (TOU) pricing structure. Unlike the current system in which customers pay a fixed rate, TOU pricing has three different rates for electricity consumed during off-peak, mid-peak or on-peak periods of the day. Weekends and holidays are always off-peak.

It is important to know, the customer does not have to sign anything because you had a smart meter installed, and nothing will change from the way you are currently billed

At this time, Centre Wellington Hydro plans to phase in TOU pricing in the spring of 2012. Prior to implementing TOU rates customers will be notified well in advance of the change. We will post information on our website and put notices in the local newspaper to let customers know when these changes will take effect. For more information on TOU pricing visit Ontario Energy Board (OEB).

Time of Use (TOU) pricing more accurately reflects the actual real-time market cost of electricity which fluctuates widely throughout the day. Electricity demand peaks in the mid to late afternoon triggering a corresponding increase in the market price.

During the hot summer months, air conditioner use pushes electricity demand to its highest levels of the year. Ontario must often rely on more expensive and polluting forms of power generation to meet daily peaks. On the hottest days, electricity must be purchased at a premium from power plants that, in some cases, only operate a handful of days a year.

A key objective of the smart metering initiative is to reduce peak demand by encouraging consumers to rethink their consumption habits. By reducing daily peaks and shifting some demand to off-peak periods, consumers can help avoid the shared cost and environmental impact of building additional power plants and upsizing the grid.

Smart meters and TOU pricing will also enable customers to take steps to manage their electricity costs. In the near future, customers will be able to monitor their consumption online or through in-home displays. For a list of cost reduction strategies visit Smart Meters Ontario

The installation of smart meters is part of a broader initiative to modernize Ontario’s electricity grid. Similar initiatives are underway in the United States and the European Union. The new “smart grid” will employ sensors, monitoring, communications, automation and computers to improve the flexibility, security, reliability, efficiency, and safety of the electricity system. Other benefits of a smart grid include the ability to integrate more renewable energy sources and avoid blackouts.

Customers received an information package in the mail when their smart meter was installed. If you did not receive the information package, please contact our office and we will have sent to you.

Thank you.

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