Historical electricity rates

OEB COVID-19 UPDATE - Time-of-use pricing

The Government of Ontario issued an Emergency Order under the Emergency Management and Civil Protection Act. As a result, starting on March 24, 2020, residential and small business customers on time-of-use (TOU) pricing will pay 10.1 ¢/kWh no matter what time of day the electricity is consumed. This means that TOU customers will be paying the off-peak price throughout the day as long as the Emergency Order remains in place. The Government has indicated that it intends to keep the 10.1 ¢/kWh pricing in place for 45 days.

The 10.1 ¢/kWh pricing applies automatically – no customer action is required. Some customers may receive a bill before their utility or unit sub-meter provider is able to implement the price change, in which case they will receive a credit on the following bill. For more information, read the Government’s news release.

 

Time-of-use (TOU) rates

The following table and chart track time-of-use electricity rates since 2006. Under time-of-use rates, the amount you pay depends on when you use electricity.

Effective date Off-peak price
(¢ per kWh)
Mid-peak price
(¢ per kWh)
On-peak price
(¢ per kWh)
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.

Effective date Lower tier price
(¢ per kWh)
Residential threshold
for lower tier price
(kWh per month)
Higher tier price
(¢ per kWh)
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