electricity rates Ontario

Electricity rates are about to change across Ontario

Electricity rates are about to change for users across Ontario.

On November 1, households and small businesses will see their electricity rates go down under the Ontario Energy Board's (OEB) Regulated Price Plan.

Customer's on the OEB's tiered pricing plan will also see their bills lowered on November 1, as winter time-of-use hours and the seasonal change in the killowatt-hour threshold take effect.

Off-peak time-of-use hours will run from 7 p.m. to 7 a.m. during weekdays, and all day on weekends and holidays. On-peak hours will be from 7 a.m. to 11 a.m. and 5 p.m. to 7 p.m. on weekdays, and mid-peak hours from 11 a.m. to 5 p.m. on weekdays.

The winter-tier threshold provides residential customers with an extra 400 kilowatt-hours per month at a lower price during the colder weather.

electricity rates Ontario

Chart via Ontario Energy Board.

The Ontario Electricity Rebate - a pre-tax credit that shows up at the bottom of electricity bills - will also see changes on November 1. Starting next month, the rebate will drop from 17 per cent to 11.7 per cent.

electricity rates Ontario

Chart via Ontario Energy Board.

For a typical residential customer, the credit will decrease electricity bills by about $13.91 per month, according to the OEB.

Under the board's winter disconnection ban, electricity providers can't turn off a residential customer's power between November 15, 2022 and April 30, 2023 for failing to pay.

Lead photo by

Benson Kua

Latest Videos

Join the conversation Load comments

Latest in City

Woman identified in fatal High Park subway stabbing didn't know the alleged attacker

Police release video of suspect from deadly gas station shooting in Mississauga

Ontario man says he now believes in Santa after winning huge lottery prize

Stabbing at High Park Station in Toronto leaves one woman dead and another in hospital

Health Canada recalls brand of cigarettes in Ontario because they burn just a bit too well

Toronto neighbourhood taken over by giant inflatable Santas

People keep trying to create an aerial gondola crossing the U.S.-Canada border

New Toronto park will feature artificial cliffs and a year-round outdoor market