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The Ontario Energy Board (OEB), at the request of the Minister of Energy, developed an electricity price plan known as the Regulated Price Plan (RPP). The RPP is designed to ensure that the price consumers pay for electricity better reflects the price paid to electricity generators.

RPP applies to residential consumers, small businesses and other designated consumers such as municipalities, schools, universities and hospitals. It does not, however, apply to large commercial customers using more than 250,000 kWh per year. Large volume commercial or industrial consumers will continue to pay the Hourly Ontario Energy Price (HOEP) or spot market price delivered through Standard Supply Service.

The OEB has developed a series of fact sheets to help residential consumers, small businesses and others who are considered low volume users of electricity learn more about the province’s electricity sector and their options for buying electricity.

Residential Rates and Energy Pricing

The TOU, ULO and Tiered prices set by the OEB for November 1, 2023, are shown in the table below. View historical electricity prices. Still have questions, watch the video below to see what rate suits best!

OEB’s video on selecting the rate that works best for your home or small business

Time-of-Use (TOU)

TOU Price Periodswinter Winter (November 1 – April 30)summer Summer (May 1 – October 31)TOU Prices (¢/kWh)
Off-PeakWeekdays 7 p.m. – 7 a.m.  
Weekends and holidays all day
Weekdays 7 p.m. – 7 a.m.  
Weekends and holidays all day
8.7
Mid-PeakWeekdays 11 a.m. – 5 p.m.Weekdays 7 a.m. – 11 a.m. and 5 p.m. – 7 p.m.12.2
On-PeakWeekdays 7 a.m. – 11 a.m. and 5 p.m. – 7 p.m.Weekdays 11 a.m. – 5 p.m.18.2

Ultra-Low Overnight (ULO)

ULO Price PeriodsAll YearULO Prices (¢/kWh)
Ultra-Low OvernightEvery day 11 p.m. – 7 a.m.2.8
Weekend Off-PeakWeekends and holidays 7 a.m. – 11 p.m.8.7
Mid-PeakWeekdays 7 a.m. – 4 p.m. and 9 p.m. to 11 p.m.12.2
On-PeakWeekdays 4 p.m. – 9 p.m.28.6

Tiered

Tier Thresholdswinter Winter (November 1 – April 30)summer Summer (May 1 – October 31)Tiered Prices (¢/kWh)
Tier 1Residential – first 1,000 kWh/month  

Non-residential – first 750 kWh/month
Residential – first 600 kWh/month  

Non-residential – first 750 kWh/month
10.3
Tier 2Residential – for electricity used above 1,000 kWh/month  

Non-residential – for electricity used above 750 kWh/month
Residential – for electricity used above 600 kWh/month  

Non-residential – for electricity used above 750 kWh/month
12.5

Effective November 1, 2023 the Ontario government’s Ontario Electricity Rebate (OER) will be changed to 19.3%. More information is available on recent changes.

ChargeCost
Monthly Fixed Service Charge$31.30 per month
Smart Metering Entity Charge$0.42 per month
Low Voltage Charge$0.0031 per kWh
Transmission: Network Service Rate$0.0086 per kWh
Transmission: Line and Transformation Connection Service Rate$0.0056 per kWh
* For information the Tariff of Rates and Charges (2023 WPI IRM)
ChargeCost
Wholesale Market Service/RRRP/CBR$0.0059 per kWh
Standard Supply Service – Admin. Charge$0.25 per month

Loss Factor Adjustment for all Rate Classes: 1.0713

Rates shown above are effective January 1, 2024

Ontario Electricity Rebate (OER)

The Ontario Electricity Rebate (OER) is for most households, farms, long-term care homes and small businesses. Eligible consumers automatically receive the rebate, which appears on bills as a separate line item.

Starting November 1, 2023, the OER will provide eligible consumers with a 19.3% rebate from the province on the subtotal of their electricity bill.

Delivery Charges

Delivery Charges includes those charges previously known as Customer Fixed Monthly Service Charge, Distribution Charge, Transmission Connection Service Charge and Network Service Charge and includes the Loss Factor Adjustment. These are the costs for delivering electricity from generating stations across the province to Westario Power then to your home or business. This includes the costs to build and maintain the transmission and distribution lines, towers and poles and operate provincial and local electricity system.

Tariff of Rates and Charges

The application of these rates and charges shall be in accordance with the License of the Distributor and any Code or Order of the Ontario Energy Board, and amendments thereto as approved by the Ontario Energy Board, which may be applicable to the administration of this schedule.

No charges to meet the costs of any work or service done or furnished for the purpose of the distribution of electricity shall be made except as permitted by this schedule, unless required by the Distributor’s License or a Code or Order of the Ontario Energy Board, and amendments thereto as approved by the Ontario Energy Board, or as specified herein.

It should be noted that this schedule does not list any charges, assessments, or credits that are required by law to be invoiced by a distributor and that are not subject to Ontario Energy Board approval, such as the Debt Retirement Charge, the Global Adjustment and the HST.

ChargeCost (+HST)
Arrears certificate$15.00
Statement of account$15.00
Pulling Post dated cheques$15.00
Duplicate invoices for previous billing$15.00
Request for other billing information$15.00
Easement letter$15.00
Income tax letter$15.00
Notification charge$15.00
Account history$15.00
Credit reference/credit check (plus credit agency costs)$15.00
Charge to certify cheque$15.00
Legal letter charge$15.00
Account set up charge/change of occupancy charge (plus credit agency costs if applicable)$30.00
Meter dispute charge plus Measurement Canada fees (if meter found correct)$30.00
ChargeCost (+HST)
Late Payment – per month (effective annual rate 19.56% per annum or 0.04896% compounded daily rate)1.50 %
Reconnection – at meter – during regular hours$65.00
Reconnection – at meter – after regular hours$185.00
Reconnection – at pole – during regular hours$185.00
Reconnection – at pole – after regular hours$415.00
ChargeCost (+HST)
Special Meter Reads$30.00
Service Call – Customer-Owned Equipment$30.00
Service Call – After Regular Hours$165.00
Temporary Service – Install & Remove – Overhead – No Transformer$500.00
Temporary Service – Install & Remove – Underground – No Transformer$300.00
Temporary Service – Install & Remove – Overhead – With Transformer$1,000.00
Specific charge for access to the power poles – $/pole/year (with the exception of wireless attachments)- Approved on an Interim Basis$37.78