Electricity rates and charges can vary depending on your province. This page will help you to understand electricity prices in the province of Ontario.

How are the rates set?

The Ontario Energy Board is responsible for setting the electricity rates for our customers. These rates are set in accordance with the government’s Fair Hydro Plan Act. You can learn more about this act here. https://www.oeb.ca/newsroom/2017/fair-hydro-act-2017

See if you qualify for monthly credits to help lower your electricity bill through the Ontario Electricity Support Program (OESP).

The Ontario Energy Board is the body that is responsible for setting the rates that appear on your bill. As an electricity customer, your pricing will fall into one of two categories.

  • Time of Use pricing
  • Tiered RPP pricing

Time of Use Pricing

If you are a customer with Time of Use pricing, your bill will break down electricity usage into the three periods set by the Ontario Energy Board. These periods are on-peak, mid-peak, and off-peak. The three time periods change twice a year on May 1st and November 1st. Electricity that is used on weekends and holidays is charged at the off-peak price all year long.

TOU price
period
Winter period hours
November 1, 2019 to April 30, 2020
TOU prices effective November 1, 2019 to April 30, 2020
Off-Peak Weekdays 7 p.m. – 7 a.m.
All day weekends and holidays
10.1 ¢/kWh
Mid-Peak Weekdays 11 a.m. – 5 p.m. 14.4 ¢/kWh
On-Peak Weekdays 5 p.m. – 7 p.m. and 7 a.m. to 11 a.m. 20.8 ¢/kWh

Time of Use Rate Periods:


Tiered RPP Pricing

If you are a customer with Tiered RPP pricing, your bill will break down electricity usage into the two tiers set by the Ontario Energy Board. You will be able to use a certain amount of energy each month at a lower rate (Tier 1) and once that limit is exceeded the rate increases to the pricing set out in Tier 2.

Price tiers Winter tier threshold November 1 – April 30 Tiered prices effective

November 1, 2019 to April 30th, 2020
Tier 1
  • Residential customers: for the first 1,000 kWh of electricity used per month
  • Non-residential customers: for the first 750 kWh/month of electricity used per month
11.9 ¢/kWh
Tier 2
  • Residential customers: for electricity used above 1,000 kWh/month
  • Non-residential customers: for electricity used above 750 kWh/month
13.9 ¢/kWh

Residential

When How much electricity you use Rate (¢ per kWh)
Summer (May 1 – Oct 31) Up to 600 kWh 7.7
More than 600 kWh 8.9
Winter (Nov 1 – Apr 30) Up to 1,000 kWh 11.9
More than 1,000 kWh 13.9