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.
|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
|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
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||—|