Historical electricity rates

December 22, 2020 - To support Ontarians staying home during the rapidly evolving COVID-19 situation, the Government of Ontario has taken steps to hold the price of electricity at 8.5 ¢/kWh for electricity used from January 1, 2021 until the end of the day on January 28, 2021. The fixed 8.5 ¢/kWh price is equal to the off-peak price set by the OEB for January 1, 2021. This fixed price will apply to residential, small business and farm customers who buy their electricity from their utility and applies to customers on Time-of-Use (TOU) or Tiered pricing. So, no matter what time of day you use your electricity, or how much you use, the fixed price will apply. The price change will happen automatically. No customer action is required.

For more information:

Time-of-use (TOU) rates

The following table and chart track time-of-use electricity rates since 2006. Under time-of-use rates (also referred to here as prices), the amount you pay depends on when you use electricity. These rates currently apply to residential consumers, small businesses and farms.

January 1, 2021 - Fixed Electricity Price
To support Ontarians staying home during the rapidly evolving COVID-19 situation, the Government of Ontario has taken steps to hold the price of electricity at 8.5 ¢/kWh for electricity used from January 1, 2021 until the end of the day on January 28, 2021. Read the government's news release and our FAQs.
 
June 1, 2020 - Fixed Electricity Price
The Government of Ontario introduced a fixed electricity price of 12.8 ¢/kWh for consumers paying time-of-use prices to support them while Ontario plans the safe and gradual re-opening of the province. Read the government’s news release and our FAQs
 
March 24, 2020 - Temporary Electricity Rate Relief
To support Ontarians during the COVID-19 emergency, the Government of Ontario provided temporary electricity rate relief for consumers paying time-of-use prices, in the form of a fixed electricity price of 10.1 ¢/kWh. Read the government’s news release.
 
November 1, 2019 - Ontario Electricity Rebate
The Government of Ontario introduced the Ontario Electricity Rebate, a 31.8% reduction applied to the pre-HST amount of eligible consumer’s bills. (Lower rebates applied from January 1, 2017 to October 31, 2019 (8%) and from 2011 through 2015 (10%)). The expanded rebate largely offset the price changes on the Electricity line when pricing under the Ontario Fair Hydro Plan Act, 2017, ended on October 31, 2019. Visit the government’s website.
 
July 1, 2017 - Fair Hydro Plan Pricing
Under the Ontario Fair Hydro Plan Act, 2017, electricity prices were lowered for consumers effective July 1, 2017, and were then increased at the rate of inflation on May 1, 2018 and May 1, 2019. A portion of the forecast Fair Hydro Plan price reduction was also reflected in the electricity prices set for May 1, 2017. Read our archived news feature for more information.
Effective date Off-peak price
(¢ per kWh)
Mid-peak price
(¢ per kWh)
On-peak price
(¢ per kWh)
Jan 1, 2021 8.5 8.5 8.5
Nov 1, 2020 10.5 15.0 21.7
Jun 1, 2020 12.8 12.8 12.8
Mar 24, 2020 10.1 10.1 10.1
Nov 1, 2019 10.1 14.4 20.8
May 1, 2019 6.5 9.4 13.4
May 1, 2018 6.5 9.4 13.2
Jul 1, 2017 6.5 9.5 13.2
May 1, 2017 7.7 11.3 15.7
Nov 1, 2016 8.7 13.2 18.0
May 1, 2016 8.7 13.2 18.0
Nov 1, 2015 8.3 12.8 17.5
May 1, 2015 8.0 12.2 16.1
Nov 1, 2014 7.7 11.4 14.0
May 1, 2014 7.5 11.2 13.5
Nov 1, 2013 7.2 10.9 12.9
May 1, 2013 6.7 10.4 12.4
Nov 1, 2012 6.3 9.9 11.8
May 1, 2012 6.5 10 11.7
Nov 1, 2011 6.2 9.2 10.8
May 1, 2011 5.9 8.9 10.7
Nov 1, 2010 5.1 8.1 9.9
May 1, 2010 5.3 8.0 9.9
Nov 1, 2009 4.4 8.0 9.3
May 1, 2009 4.2 7.6 9.1
Nov 1, 2008 4.0 7.2 8.8
May 1, 2008 2.7 7.3 9.3
Nov 1, 2007 3.0 7.0 8.7
May 1, 2007 3.2 7.2 9.2
Nov 1, 2006 3.4 7.1 9.7
May 1, 2006 3.5 7.5

10.5

 

 

Tiered rates

The following table and chart tracks tiered electricity rates. Time-of-use rates started to replace tiered rates for households and small businesses in 2005. Under tiered rates, customers are charged two rates for electricity: a lower rate for the electricity used up to a certain limit, and a second, higher rate for all additional use.

January 1, 2021 - Fixed Electricity Price
To support Ontarians staying home during the rapidly evolving COVID-19 situation, the Government of Ontario has taken steps to hold the price of electricity at 8.5 ¢/kWh for electricity used from January 1, 2021 until the end of the day on January 28, 2021. Read the government's news release and our FAQs.
 
May 1, 2020 - The OEB has kept the winter tier thresholds in place until further notice, contributing to efforts to support consumers when they are staying at home. By keeping the winter threshold in place, residential customers have an additional 400kWh/month available at the lower price. Read more.
 
November 1, 2019 - Ontario Electricity Rebate
The Government of Ontario introduced the Ontario Electricity Rebate, a 31.8% reduction applied to the pre-HST amount of eligible consumer’s bills. (Lower rebates applied from January 1, 2017 to October 31, 2019 (8%) and from 2011 through 2015 (10%)). The expanded rebate largely offset the price changes on the Electricity line when pricing under the Ontario Fair Hydro Plan Act, 2017 ended on October 31, 2019. Visit the government’s website.
 
July 1, 2017 - Fair Hydro Plan Pricing
Under the Ontario Fair Hydro Plan Act, 2017, electricity prices were lowered for consumers effective July 1, 2017, and were then increased at the rate of inflation on May 1, 2018 and May 1, 2019. A portion of the forecast Fair Hydro Plan price reduction was also reflected in the electricity prices set for May 1, 2017. Read our archived news feature for more information.
Effective date Lower tier price
(¢ per kWh)
Residential threshold
for lower tier price
(kWh per month)
Higher tier price
(¢ per kWh)
Jan 1, 2021 8.5 8.5 8.5
Nov 1, 2020 12.6 1,000 14.6
May 1, 2020 11.9 1,000 13.9
Nov 1, 2019 11.9 1,000 13.9
May 1, 2019 7.7 600 8.9
May 1, 2018 7.7 600 (Summer)
1,000 (Winter)
8.9
Jul 1, 2017 7.7 600 (Summer)
1,000 (Winter)
9.0
May 1, 2017 9.1 600 10.6
Nov 1, 2016 10.3 1,000 12.1
May 1, 2016 10.3 600 12.1
Nov 1, 2015 9.9 1,000 11.6
May 1, 2015 9.4 600 11.0
Nov 1, 2014 8.8 1,000 10.3
May 1, 2014 8.6 600 10.1
Nov 1, 2013 8.3 1,000 9.7
May 1, 2013 7.8 600 9.1
Nov 1, 2012 7.4 1,000 8.7
May 1, 2012 7.5 600 8.8
Nov 1, 2011 7.1 1,000 8.3
May 1, 2011 6.8 600 7.9
Nov 1, 2010 6.4 1,000 7.4
May 1, 2010 6.5 600 7.5
Nov 1, 2009 5.8 1,000 6.7
May 1, 2009 5.7 600 6.6
Nov 1, 2008 5.6 1,000 6.5
May 1, 2008 5.0 600 5.9
Nov 1, 2007 5.0 1,000 5.9
May 1, 2007 5.3 600 6.2
Nov 1, 2006 5.5 1,000 6.4
May 1, 2006 5.8 600 6.7
Nov 1, 2005 5.0 1,000 5.8
Apr 1, 2005 5.0 750 5.8
Apr 1, 2004* 4.7 750 5.5
Dec 9, 2002*

4.3 ¢ per kWh

* Set by Government Regulation