Time-of-Use Rates

Changes to time-of-use (TOU) pricing

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 until February 22, 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 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. To learn more, visit the OEB website.

Residential and small business customers that pay TOU electricity prices can choose to switch to tiered pricing. With tiered prices, customers pay a set rate for electricity up to a certain level of consumption. The rate increases for all additional electricity used when consumption by these customers exceeds that threshold. Learn more about tiered pricing.

Historical TOU prices can be found on the OEB website.