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Winter Electricity Prices Hold Steady for Households and Small Businesses

TOU Time Buckets and Tiered Pricing Thresholds will Change with the Season

The Ontario Energy Board (OEB) has announced that electricity prices for households and small businesses will not change on November 1st under the Regulated Price Plan (RPP). However, Winter Time-of-Use (TOU) hours and the Winter Tier threshold for residential customers on Tiered pricing will change from November 1, 2021 to April 30, 2022.

In addition, effective November 1, 2021, the Ontario government’s Ontario Electricity Rebate (OER) – located under ‘Other Charges’ on your electricity bill - will decrease to a 17.0% credit from 18.9%. The OER is a pre-tax credit and for a typical residential customer who uses 700 kWh of electricity per month the OER will decrease bills by about $20.90 each month.

Winter Time-of-Use (TOU) Pricing Per Kilowatt Hour

Off-Peak Weekdays 7 pm to 7 am, and all-day on Weekends and Statutory Holidays  8.2 cents per kWh
Mid-Peak Weekdays 11 am to 5 pm 11.3 cents per kWh
On-Peak Weekdays 7 am to 11 am and 5 pm to 7 pm 17.0 cents per kWh

Winter Tiered Pricing Per Kilowatt Hour (Residential)

Tier 1  First 1,000 kWh monthly 09.8 ¢ per kWh
Tier 2  Above 1,000 kWh monthly 11.5 ¢ per kWh

 

Winter Tiered Pricing Per Kilowatt Hour (Small Business)

Tier 1   First 750 kWh monthly 09.8 ¢ per kWh
Tier 2    Above 750 kWh monthly 11.5 ¢ per kWh

 Learn More  

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