See this page to learn more about the pricing of Electricity Rates
With TOU prices, the price depends on when you use electricity. You can help manage your electricity costs by shifting your usage to lower price periods when possible.
There are three TOU periods:
With Tiered prices, you can use a certain amount of electricity each month at a lower price. Once that limit (called a threshold) is exceeded, a higher price applies. For residential customers, the threshold normally changes with the season to reflect changing usage patterns – for example, there are fewer hours of daylight in the winter and some customers use electric heating.
Tiered prices give you the flexibility to use electricity at any time of day at the same price, although that price will change if you exceed the threshold during the month.
With ULO price, the price depends on when you use electricity. You can help manage your electricity costs by shifting your usage to lower price periods when possible. With you own an electric vehicle, ULO may be a consideration.
- Ultra-Low Overnight
- Weekend Off-peak
Energy Contract Electricity Prices
For customers that have signed up for a contract with an energy retailer, the price is set out in the contract. The Ontario Energy Board does not regulate this.
Ontario Energy Board Board's Approved Tariffs of Rates and Charges
Click the below Download icon to view Tariffs of Rate and Charges effective May 1, 2023.
Calculate your electricity bill
Use the OEB’s bill calculator to calculate or estimate your bill, visit the OEB Bill Calculator .