A Smart Meter records how much electricity you use based on when you use it (typically hourly), and communicates this information automatically via wireless and other technologies. In contrast, conventional electricity meters are read manually and measure only how much electricity is used between readings. (typically one or two months)
Acting on a mandate from the Ministry of Energy, Norfolk Power began installation of smart meters in June 2009 with completion expected in December of 2011. The application of Time-of-Use pricing started in July 2011 for many of the residential and small commercial customersr in our service territory. If you have specific questions regarding the applicaiton of Time-of-Use pricing against your interval usage,you are welcome to contact our office directly.
There are many benefits of Smart Metering, including:
Time-of-Use Rates
The Ontario Energy Board (OEB) has established residential and small commercial time-of-use rates. Electricity prices charge per kilowatt-hour (kWh) change throughout the day. The different pricing period of "On-Peak", "Mid-Peak", and "Off-Peak" were set based on how the cost to produce electricity in Ontario varies by the time of day, day of the week and the season.
Below is a chart outlining the three TOU periods and the price for each.
(Prices effective November 1, 2011)

To learn how shifting your electricity useage makes sense, visit 10 Smart Meter Lane .
For More Information...
About Ontario's Regulated Price Plan and TOU pricing:
About our electricity system and supply:
On How to use electricity wisely: