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What is a Smart Meter?
Why is North Bay Hydro installing smart meters?
I don't want to have a smart meter installed. Can I refuse?
When will I get my Smart Meter?
How does it work?
What is time of use pricing?
Why time of use pricing?
Will I be charged Time-of-Use pricing once my Smart Meter is installed?
Will I receive a Smart Meter if I am currently with, or moving to, a retailer?
Will I pay time-of-use rates?
Why have Smart Meters?
Will my bill go up?
What can I do?
What is a Smart Meter?
A smart meter tracks how much electricity you use and when you use it. The smart meter relays your daily consumption to North Bay Hydro through a wireless device. This represents key information to help you better manage your electricity costs.
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Why is North Bay Hydro installing smart meters?
North Bay Hydro is supporting the Government of Ontario's initiative to install a smart meter in all homes and small businesses by 2010 and by building a conservation culture in Ontario.
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I don't want to have a smart meter installed. Can I refuse?
No. The Ontario government has mandated everyone in the province to have a smart meter by 2010.
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When will I get my Smart Meter?
Starting in July of 2009, North Bay Hydro will be installing Smart Meters.
Installations should be complete by 2010.
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How does it work?
On an hourly basis, the amount of electricity you use is tracked by the smart meter on your home. Each day, this hourly information is sent by wireless connection to a data collector located in your neighbourhood. The data is sent to the provincial smart meter data repository which calculates how much electricity was used during on-peak, mid-peak and off-peak hours.
This information is returned to North Bay Hydro to calculate your bill. This energy use information will also help in the development of electricity forecasts and will help the Ontario Energy Board determine future time-of-use prices. Only authorized parties, such as North Bay Hydro, will have access to the highly secure database.
Homeowners will have access to their energy use data in two ways:
North Bay Hydro invoices will provide consumption data each billing cycle; and It is North Bay Hydro’s intention to make the previous day's energy consumption information available each morning on a secure personalized web page.This information allows you to manage your energy use based on time-of-use prices.
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What is time of use pricing?
Under the current system, the regulated price you pay for electricity is the same every hour of the day. With new time-of-use prices, the price of electricity will depend on when you use it.Time-of-use prices reflect the fact that the cost to provide electricity changes throughout the day. When demand is low, less expensive sources of electricity are used. When demand rises, more expensive forms of electricity production are called upon, making prices higher.
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Why time of use pricing?
Large quantities of electricity can't be stored in a practical way, so it must be produced to meet demand on an instantaneous basis. As a result, the province needs enough generating capacity to meet the highest levels of demand at any one time. In 2006, for example, Ontario demand surpassed 25,000 MW for only 32 hours of the year. As a result, the province needed the extra production capacity – just to meet those few hours when demand reached record levels.
High demand peaks affect the power system in three ways:
They strain the power system. Particularly during sustained heat-waves, power generators work at almost full capacity.
High demand pushes up the cost to produce electricity. At peak, more expensive types of electricity production are called upon.
Peak demand forecasts are used by power system planners to determine how much more power production the province will need in the years ahead. The higher the demand peaks, the more investment will be needed in the electricity system - building new generation plants, new transmission and distribution infrastructure.
Current Ontario Energy Board Rates
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Will I be charged Time-of-Use pricing once my Smart Meter is installed?
No. It's important to note that while automated meter reading is beginning, there is no immediate change to the price that you are paying for electricity.
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Will I receive a Smart Meter if I am currently with, or moving to, a retailer? Will I pay time-of-use rates?
Smart Meter, but your rates will be determined by the terms and conditions of the contract you choose to sign.
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Why have Smart Meters?
They support the implementation of time-of-use prices. By time-stamping your consumption data, North Bay Hydro will be able to determine how much electricity was used during off-peak times and how much was consumed during on-peak periods.
This capability allows homeowners to find electricity savings by shifting their electricity use. By tracking electricity use remotely, all bills will be based on real-time consumption - eliminating the need for estimated bills. They provide greater operational efficiencies in the management of local distribution systems. Reducing peaks in demand takes the strain off the power system, helps lower the price of electricity – and reduces our overall environmental footprint.
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Will my bill go up?
Experience in other communities in Ontario indicates no real difference in total bills on average.
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What can I do?
Here are some simple tips to make time-of-use prices work for you:
When it is time for new appliances, purchase appliances with timers.
You can set your washing machine, dryer, dish washer to come on during non-peak times.
Saving your money, the grid and cutting greenhouse gas:
Try setting your dishwasher to start after 10:00 pm when off-peak prices begin.
Clothes dryers consume a lot of energy. Wait until evening or the weekend and you’ll pay a third of the cost.
Set your air conditioner a few degrees higher than you normally would, and turn it off when no-one is home. Making wise use of your air conditioner will have the biggest impact on your summer energy bill. In winter, turn the heat down a couple of degrees when you’re not at home. Even if you’re home is heated with gas or oil, you’ll reduce the cost of operating the furnace fan. Run cold-water washes during off-peak hours.
If you have a pool, run your pump and heater during off-peak hours. You may only need to run your pump for six or eight hours a day. Turn off or unplug any appliance or light that is not needed. Why pay for electricity that you’re not using?
Future smart appliances outfitted with computer chips will be able to sense when the transmission system are stressed and partially turn themselves off to save critical kilowatts — potentially staving off catastrophe. Consumers will experience minimal impact when their dryer’s heating element temporarily cool as the drum keeps tumbling until the grid re-stabilize.
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