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Electricity Prices for Regulated Price Plan Consumers
Consumers who purchase electricity from their local utility are charged the following rates for electricity consumption. These rates are set by the Ontario Energy Board as part of the Regulated Price Plan. If you purchase electricity from an electricity retailer, the prices you pay will be different and will be stated in the contract you signed.
|
Season |
Your electricity use |
The regulated price you pay |
Applies to… |
|---|---|---|---|
| Summer (May 1 – Oct 31) | Up to 600 kWh | 5.0 cents | Residential consumers |
| More than 600 kWh | 5.9 cents | ||
| Winter (Nov 1 – April 30) | Up to 1,000 kWh | TBD | |
| More than 1,000 kWh | TBD | ||
| All seasons | Up to 750 kWh | 5.0 cents | Non-residential consumers |
| More than 750 kWh | 5.9 cents |
Electricity Prices: a 5-Year Snapshot
The following chart provides a brief description of electricity commodity prices since 2002. The chart also shows the changes to the residential threshold between summer and winter seasons.
The threshold that defines higher and lower electricity prices for residential Regulated Price Plan consumers is set at 600 kilowatt hours per month during the summer (May 1st to October 31st) and 1,000 kilowatt hours per month during the winter (November 1st to April 30th). This difference recognizes that consumers use more electricity for lighting and indoor activity in the winter and that some Ontarians are reliant on electricity for their heating source.
The threshold for non-residential RPP consumers remains at 750 kilowatt hours per month for all seasons.
| Set By | Effective Date | Lower Tier Price (per kWh) |
Threshold for Lower Tier Price (per month) |
Higher Tier Price (per kWh) |
|---|---|---|---|---|
|
Ontario Energy Board
|
May 1, 2008 |
5.0¢ |
600 kWh |
5.9¢ |
| Nov 1, 2007 | 5.0¢ | 1,000 kWh | 5.9¢ | |
|
May 1, 2007 |
5.3¢ | 600 kWh | 6.2¢ | |
|
Nov 1, 2006 |
5.5¢ | 1,000 kWh | 6.4¢ | |
|
May 1, 2006 |
5.8¢ | 600 kWh | 6.7¢ | |
|
Nov 1, 2005 |
5.0¢ | 1,000 kWh | 5.8¢ | |
|
Apr 1, 2005 |
5.0¢ | 750 kWh | 5.8¢ | |
|
Government Regulation |
Apr 1, 2004 |
4.7¢ | 750 kWh | 5.5¢ |
|
Dec 9, 2002 |
4.3 ¢ per kWh/mo. | |||