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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.

General Service <50 kW Rates

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!

https://youtu.be/aykuIVv_Dqk?feature=shared
OEB’s video on selecting the rate that works best for your home or small business

Time-of-Use (TOU)

TOU Price Periods winter Winter (November 1 – April 30) summer Summer (May 1 – October 31) TOU Prices (¢/kWh)
Off-Peak Weekdays 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-Peak Weekdays 11 a.m. – 5 p.m. Weekdays 7 a.m. – 11 a.m. and 5 p.m. – 7 p.m. 12.2
On-Peak Weekdays 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 Periods All Year ULO Prices (¢/kWh)
Ultra-Low Overnight Every day 11 p.m. – 7 a.m. 2.8
Weekend Off-Peak Weekends and holidays 7 a.m. – 11 p.m. 8.7
Mid-Peak Weekdays 7 a.m. – 4 p.m. and 9 p.m. to 11 p.m. 12.2
On-Peak Weekdays 4 p.m. – 9 p.m. 28.6

Tiered

Tier Thresholds winter Winter (November 1 – April 30) summer Summer (May 1 – October 31) Tiered Prices (¢/kWh)
Tier 1 Residential – 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 2 Residential – 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.

Delivery Components

Monthly Fixed Service Charge                                                                           $30.40 per month
Smart Metering Entity Charge; effective until Dec. 31, 2027                             $0.42 per month
Distribution Volumetric Charge                                                                         $0.0135 per kWh
Low Voltage Service Charge                                                                              $0.0028 per kWh
Transmission: Network Service Rate                                                                  $0.0078 per kWh
Transmission: Line and Transformation Connection Service Rate                     $0.0051 per kWh

Charge Cost
Wholesale Market Service Rate (WMS) – excluding CBR $0.0041 per kWh
Capacity Based Recovery (CBR) – Class B customers $0.0004 per kWh
Rural or Remote Electricity Rate Protection Charge (RRRP) $0.0014 per kWh
Standard Supply Service – Administrative Charge $0.25 per invoice

For information on rates and charges, please review the Tariff of Rates and Charges (2023 WPI IRM)

* For information on the Wholesale Market Services rate, including Capacity Based Recovery, and the Rural and Remote Electricity Rate Protection charge; please review the OEB Decision and Order (EB-2023-0268)

2 Retail Contract Price – dependent upon your choice of electricity provider

Loss Factor Adjustment for all Rate Classes: 1.0713

General Service >50 kW Rates

Delivery Components

Monthly Fixed Service Charge                                                                           $258.64 per month
Distribution Volumetric Charge                                                                         $2.7296 per kW
Low Voltage Service Charge                                                                              $1.0438 per kW
Transmission: Network Service Rate                                                                  $3.2803 per kW
Transmission: Line and Transformation Connection Service Rate                      $2.0287 per kW

Charge Cost
Wholesale Market Service Rate (WMS) – excluding CBR $0.0041 per kWh
Capacity Based Recovery (CBR) – Class B customers $0.0004 per kWh
Rural or Remote Electricity Rate Protection Charge (RRRP) $0.0014 per kWh
Standard Supply Service – Administrative Charge $0.25 per invoice

Cost of Power – Spot Market Price OR Weighted Average Price OR Retailer Contract3

3 Retail Contract Price – dependent upon your choice of electricity provider

For information on rates and charges, please review the Tariff of Rates and Charges (2023 WPI IRM)

* For information on the Wholesale Market Services rate, including Capacity Based Recovery, and the Rural and Remote Electricity Rate Protection charge; please review the OEB Decision and Order (EB-2023-0268)

Loss Factor Adjustment for Secondary Metered: 1.0713

Loss Factor Adjustment for Primary Metered: 1.0607

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 an 19.3% rebate from the province on the subtotal of their electricity bill. 

Consumers that are currently receiving the OER under the grandfathering regulatory provisions will continue to receive the rebate until October 31, 2022. When the OER was introduced, a grandfathering period was also put in place for consumers that were previously receiving the 8% rebate as of October 22, 2019, if they met prescribed requirements to provide notice to their electricity vendor before February 1, 2021. The grandfathering period was scheduled to end on April 30, 2021.

Industrial Conservation Initiative (ICI) – Class A Customers

Guidance was provided by the Ontario Energy Board (OEB) to Local Distribution Companies (LDCs) for the Industrial Conservation Initiative (ICI) adjustment period beginning July 1, 2021. The guidance document clarifies that although an existing Class A customer’s peak demand factor (PDF) for that adjustment period is determined based on the May 1, 2019-April 30, 2020 base period, the customer’s eligibility for Class A is determined based on the May 1, 2020-April 30, 2021 base period.

Existing Class A customers must meet all eligibility requirements before carrying forward their PDF. New ICI participants are not affected by this clarification since their eligibility and PDF will need to be calculated based on their consumption during the May 1, 2020-April 30, 2021 base period. LDCs will have the opportunity to provide their updated Class A information on the Coincident Peak submission form from June 15-30.

Additional information on the program, eligibility and timelines is available on the Global Adjustment Class A Eligibility web page.

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.

Security Deposit Requirements

The Distribution System Code, Section 2.4.9 provides Local Distribution Companies (LDC) the right to require a security deposit from all homeowners/tenants/commercial entities. A distributor may use any risk mitigation options available to manage customer non-payment risk. A distributor shall not discriminate among customers with similar risk profiles or risk related factors except where expressly permitted under the Distribution System
Code.

Tariff of Rates and Charges

The application of these rates and charges shall be in accordance with the Licence 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 Licence 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.

Charge Cost (+HST)
Arrears Certificate $15.00
Statement of Account $15.00
Pulling Postdated 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

Charge Cost (+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
   
   

Charge Cost (+HST)
Special Meter Reads $30.00
Service Call – Customer-Owned Equipment $30.00
Service Cal l- 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) $44.50