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Move to Fixed Distribution Rates. The Ontario Energy Board is changing how distribution rates will be billed for all residential and seasonal customers over the next three to seven years. Learn More.
- Residential Rates & Charges
The Ontario Energy Board increased the threshold amount from...
- Business Rates & Charges
The HST portion of Ontarians' hydro bills fall under the...
- Electricity Pricing and Costs
Electricity Prices and Costs. We’re committed to providing...
- How Electricity Gets Priced
Most Ontario consumers pay time-of-use (TOU) prices. TOU...
- Moving to Fixed Distribution Rates
The Ontario Energy Board (OEB) is changing how distribution...
- Customer Choice
Ontario households use most of their electricity — nearly...
- Residential Rates & Charges
May 1, 2019 · Find out the regulated electricity rates charged to Ontario hydro customers for different time periods and usage levels. Compare time-of-use and normal meter pricing, and see how rates vary by season and province.
Electricity Prices and Costs. We’re committed to providing our customers with the latest information about electricity prices set by the Ontario Energy Board (OEB). Since 2022, the OEB has set Regulated Price Plan (RPP) electricity prices annually on November 1st.
The Ontario Energy Board increased the threshold amount from $39.49 to $41.39 per month to account for inflation, effective July 1, 2024. 2) Rural or Remote Rate Protection – for residential customers with a low density rate class.
- Types of Electricity Rates
- Current Prices
- Electricity Prices in Energy Contracts
- The Global Adjustment
- Calculate Your Electricity Bill
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For residential and small business customers that buy electricity from their utility, there are three different types of rates (also called priceshere). The Ontario Energy Board sets rates once a year on November 1. With TOU and ULO, the price depends on whenyou use electricity. This means you can help manage your electricity costs by shifting your...
The TOU, ULO and Tiered prices set by the OEB for November 1, 2023, are shown in the table below. View historical electricity prices. Time-of-Use (TOU) Ultra-Low Overnight (ULO) Tiered
Fewer than 1 in 10 customers in Ontario buy their electricity from an electricity retailer. If you’re thinking about signing an energy contract, you will pay the price in the contract, which is not regulated by the Ontario Energy Board. Learn more about energy contracts.
Most electricity generating companies get a guaranteed price for the electricity that they produce. The Global Adjustment is the difference between that guaranteed price and the money the generators earn in the wholesale marketplace. The Global Adjustment also covers the costs of some conservation programs. All electricity consumers have to pay a s...
Electricity distribution utilities deliver electricity to your home or business and also issue your bill, unless you are a customer of a unit sub-metering provider. Use our calculator to estimate your monthly bill. You can also compare your current bill with what to expect if you sign a contract with an electricity retailer. Use our bill calculator...
Find out about the types, prices and current rates of electricity for residential and small business customers in Ontario. Compare the costs of Time-of-Use, Ultra-Low Overnight and Tiered plans, and learn about energy contracts and Global Adjustment.
Overview. Most electricity customers in Ontario can choose how their electricity is billed. You have the flexibility to choose a pricing plan that best suits your lifestyle and individual electricity use. Eligible customers can choose between: time-of-use ( TOU) rates. tiered rates. ultra-low overnight ( ULO) rates.
People also ask
What is the hourly Ontario Energy price (Hoep)?
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When are Ontario electricity prices set?
Apr 11, 2023 · The Ontario government offers a new optional electricity price plan with a low overnight rate of 2.4 cents per kWh to save money and reduce emissions. Customers of selected utilities can opt-in to this plan starting May 1, 2023.
