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

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
Summer period hours
May 1 to October 31
TOU prices effective May 1, 2019 to October 31, 2019
Off-Peak Weekdays 7 p.m. – 7 a.m.
All day weekends and holidays
6.5 ¢/kWh
Mid-Peak Weekdays 7 a.m. – 11 a.m. and 5 p.m. – 7 p.m. 9.4 ¢/kWh
On-Peak Weekdays 11 a.m. – 5 p.m. 13.4 ¢/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 Summer tier threshold May 1 to October 31 Tiered prices effective

May 1, 2019 to October 31, 2019
Tier 1
  • Residential customers: for the first 600 kWh of electricity used per month
  • Non-residential customers: for the first 750 kWh/month of electricity used per month
7.7 ¢/kWh
Tier 2
  • Residential customers: for electricity used above 600 kWh/month
  • Non-residential customers: for electricity used above 750 kWh/month
8.9 ¢/kWh

Residential (effective May 1, 2018)

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
More than 1,000 kWh

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).