Residential and small commercial customers can choose to switch the Electricity Price Plan that best meets your needs - either Tiered, Time of Use or Ultra-low Overnight price plans.

About Time of Use Price Plan

With Time-of-Use price plan, 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 TOU, there are three price periods:

  • Off-peak: When demand for electricity is lower. Ontario households use most of their electricity - nearly two thirds of is - during off-peak hours.
  • Mid-peak: When demand for electricity is moderate. These periods are during the daytime, but not the busiest times of the day.
  • On-peak: When demand for electricity is higher. These are the busier times of the day - generally when people are cooking, starting up their computers and running air conditioners or heaters.

Time-of-Use rates are set by the Ontario Energy Board and reviewed twice a year to coincide with the start of the Summer (May 1 to October 31) and Winter (November 1 to April 30) . The Ontario Energy Board (OEB) created an online calculator to help customers make their decision. The calculator is available on the OEB website.  

Summer Time of Use Hours Now in Effect May 1 to October 31, 2023

Current Electricity Rates

Residential Rates

Small Commercial (<50kW) Rates

Commercial, Large Commercial and Industrial Rates

Streetlight, Sentinel, Unmetered Scatter Load Rates

2024 OEB Holiday Schedule for Time-of-Use Prices

Links of Interest

Here are some links of interest related to Time of Use Rates:

Still have questions? Contact our Customer Care team.