The Ontario Energy Board (OEB) sets all electricity rates in Ontario. For information, please visit the Ontario Energy Board’s website.
Your electricity bill is made up of Electricity, Delivery (including transmission and distribution) and Regulatory charges. All other charges are collected on behalf of other parties. Our utility retains only the Monthly Service Charge and the Local Distribution charge.
Below are current electricity rates for GrandBridge Energy (Energy+) residential customers, effective November 1, 2023.
View Current Residential Rates, as of November 1, 2023.
View Previous Residential Rates.
View MicroFIT Generation Rates and Charges.
Electricity Charges
The Electricity charges on your bill are based on the prices set by the Ontario Energy Board or based on a contract with a Retailer. Electricity charges are collected by our utility and paid directly to electricity suppliers.
Customer Choice in Electricity Regulated Price Plan
Regulated Price Plan (RPP) - Time of Use, Tiered and Ultra-Low Price Plans |
As a residential customer, you are automatically part of the Regulated Price Plan (RPP) for the purchase of Electricity. This means you are charged a regulated price per kilowatt hour (kWh) for the electricity you use. RPP customers are classified as Standard Supply Service customers. RPP Prices are based on a 12-month forecast and are designed to provide stable and predictable electricity pricing, as well as ensure that the price consumers pay reflects the price Electricity to electricity generators. The Ontario Energy Board rates do include Global Adjustment Charges. The Ontario Energy Board reviews these electricity rates every 6 months. Time of Use Prices: November 1, 2023 to April 30, 2024 Off-Peak 8.7¢/kWh Mid-Peak 12.2¢/kWh On-Peak 18.2¢/kWh First *1,000 kWh/month block: 10.3¢/kWh, additional kWh's used over 1,000 kWh/month: 12.5¢ cents/kWh Ultra-Low Overnight Prices: The ULO has four price periods, one of which is very low-priced overnight. For additional information on electricity time-of-use pricing and time periods, tiered pricing and thresholds and the new Ultra-Low Overnight price plan, visit the Ontario Energy Board website. |
Non-Regulated Price Plan |
Customers have the option to purchase electricity from a Retailer and are considered to be a Non-Regulated Price Plan (Non-RPP) customer. Customers who have a contract with a Retailer will be billed the electricity rates established in the terms and conditions of the contract. The Retailer rates do not include Global Adjustment Charges. GrandBridge Energy only invoices the amount as directed by the Retailer. Learn more about your rights when it comes to Retail Energy Contracts. |