Current Electricity Prices

As of November 1, 2020, residential and small business customers have a choice between two price plans: Time-of-Use or Tiered. For more information on each plan, or to switch plans, visit Customer Choice.

The winter Time-of-Use (TOU) hours and the winter tiered threshold for residential customers are effective November 1, 2022.

Effective November 1, 2022, the Ontario government’s Ontario Electricity Rebate (OER) will be changed to 11.7%. The OER is a pre-tax credit that appears at the bottom of electricity bills. For a typical residential customer[1] who uses 700 kWh of electricity per month, the OER would decrease bills by about $13.91 each month.

If you have a contract with an electricity retailer, you pay the price agreed upon in their contract, not the price set by the OEB.

Regular Price Plan (RPP) prices effective November 1, 2022

The RPP TOU and Tiered prices set by the OEB for November 1, 2022 are shown in the picture below. The picture also shows the hours during which those prices apply:

Time-of-Use and Tiered Pricing

Residential Tiered Rates
WhenHow much electricity you useRate (¢ per kWh)
Starting Nov 1, 2022Up to 1000 kWh/month 8.7
More than 1000 kWh/month10.3
Non-Residential Tiered Rates
WhenHow much electricity you useRate (¢ per kWh)
All SeasonsUp to 750 kWh/month8.7
More than 750 kWh/month10.3