{"id":4776,"date":"2016-11-04T17:55:31","date_gmt":"2016-11-04T23:55:31","guid":{"rendered":"https:\/\/stgpmmenergy.wpengine.com\/ontario\/explaining-ontario-electricity-rate\/"},"modified":"2026-05-06T12:16:16","modified_gmt":"2026-05-06T18:16:16","slug":"explaining-ontario-electricity-rate","status":"publish","type":"page","link":"https:\/\/energyrates.ca\/fr\/ontario\/explaining-ontario-electricity-rate\/","title":{"rendered":"Explaining Your Ontario Electricity Rate"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" id=\"h-in-this-article\">In this article:<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A breakdown of\u00a0electricity pricing structures in Ontario\u00a0\u00a0<\/li>\n\n\n\n<li>Hourly Ontario Energy Price (HOEP)\u00a0explained\u00a0<\/li>\n\n\n\n<li>The Regulated Price Plan\u2019s\u00a0(RPP)\u00a0advantages and limitations\u00a0explained\u00a0<\/li>\n\n\n\n<li>Fixed and variable pricing options\u00a0of retail electricity plans\u00a0<\/li>\n\n\n\n<li>The Ultra-Low Overnight (ULO) plan offers\u00a0\u00a0<\/li>\n\n\n\n<li>How electricity pricing is\u00a0determined\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">While some companies charge very simple and easy-to-understand electricity rates, many offer plans with pricing structures that seem confusing, random or even intentionally opaque. To help clear up some of the confusion, here is a breakdown of some of the more common electricity rate plans used by retailers and electricity utilities.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Hourly Ontario Energy Price (HOEP)<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Consumers often think of electricity as a given. It\u2019s just there. However, electricity is a commodity. Its prices rise and fall due to supply, demand, and economic factors, just as the prices of stocks and other investments rise and fall.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The price of electricity changes constantly, on a second-by-second basis. In Ontario, the electricity market is overseen by the Independent Electricity System Operator (IESO). The IESO essentially keeps the market organized, making sure that sales of electricity are properly sorted according to cost so that buyers can easily purchase the cheapest available electricity.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The point at which buyers and sellers agree on a price is referred to as the Market Clearing Price (MCP), which is updated every five minutes. Every hour, the previous 12 MCPs are averaged together to calculate the Hourly Ontario Energy Price (HOEP).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Businesses that use large amounts of electricity purchase it wholesale according to the HOEP. Homeowners and small business owners usually pay Time-Of-Use prices, which are regulated rates based on HOEP, but add in other costs, such as transmission costs, the Global Adjustment, and other fees. To clarify, all consumers pay these additional costs. Smaller consumers just don\u2019t see the breakdown of these fees.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Regulated Price Plan (RPP) Rates<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If you see two different prices on your energy bill\u2014one for consumption up to a certain threshold, and then a higher rate for consumption beyond that point\u2014that means that you are on a Regulated Price Plan (RPP). Also known as a Tiered Regulated Price Plan or <a href=\"https:\/\/energyrates.ca\/how-tiered-prices-for-electricity-work-in-ontario\/\" target=\"_blank\" rel=\"noreferrer noopener\">Tiered Pricing Plan<\/a>, RPP rates are mandated by the <a href=\"https:\/\/www.oeb.ca\/\" target=\"_blank\" rel=\"noreferrer noopener\">Ontario Energy Board<\/a> to give residents of Ontario access to electricity services at a predictable, stable price.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These prices are fixed, rather than reacting to economic influences as retail rates do. As a consequence, RPP rates are likely to be somewhat higher than retail rates, due to the need to ensure that utility companies can make up for periods when energy production costs are especially high. RPP prices are reviewed once a year and are reset as needed to cover the cost of electricity supply.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-regulated-price-plan-seasonal-thresholds-and-prices-for-hydro-one\">Regulated Price Plan Seasonal Thresholds and Prices for Hydro One<\/h2>\n\n\n<div class=\"wp-block-wptb-table-block\"><div class=\"wptb-container-legacy\" data-table-id=\"9378\">\n    <table class=\"wptb-preview-table wptb-element-main-table_setting-9378\" style=\"border-spacing: 3px 3px; border-collapse: collapse !important; min-width: 100%; border: 1px solid #000000; \" data-border-spacing-columns=\"3\" data-border-spacing-rows=\"3\" data-reconstraction=\"1\" data-wptb-table-directives=\"eyJpbm5lckJvcmRlcnMiOnsiYWN0aXZlIjoiYWxsIiwiYm9yZGVyV2lkdGgiOjEsImJvcmRlclJhZGl1c2VzIjp7ImFsbCI6MCwicm93IjowLCJjb2x1bW4iOjB9fX0=\" data-wptb-responsive-directives=\"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\" data-wptb-cells-width-auto-count=\"4\" data-wptb-extra-styles=\"\" data-wptb-pro-pagination-top-row-header=\"false\" data-wptb-rows-per-page=\"10\" data-wptb-pro-search-top-row-header=\"false\" data-wptb-searchbar-position=\"left\" role=\"table\" data-table-columns=\"4\" data-wptb-table-alignment=\"center\" data-wptb-td-width-auto=\"120\" data-wptb-table-tds-sum-max-width=\"567\" ><tbody data-global-font-color=\"#040404\" data-global-font-size=\"15\" ><tr  class=\"wptb-row \" style=\"\"><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; background-color: rgb(28, 115, 186); border-width: 1px; border-color: #000000; border-style: solid; border-radius: 0px; \" data-y-index=\"0\" data-x-index=\"0\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-597\" style=\"color: #ffffff; font-size: 1.2em; \"><div style=\"position: relative;\"><p><strong>Tier Threshold<\/strong><\/p><\/div><\/div><\/td><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; background-color: rgb(28, 115, 186); border-width: 1px; border-color: #000000; border-style: solid; border-radius: 0px; \" data-y-index=\"0\" data-x-index=\"1\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-598\" style=\"color: #fefefe; font-size: 1.2em; \"><div style=\"position: relative;\"><p><strong>Winter (November 1 &#8211; April 30)<\/strong><\/p><\/div><\/div><\/td><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; background-color: rgb(28, 115, 186); border-width: 1px; border-color: #000000; border-style: solid; border-radius: 0px; \" data-y-index=\"0\" data-x-index=\"2\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-599\" style=\"color: #ffffff; font-size: 1.2em; \"><div style=\"position: relative;\"><p><strong>Summer (May 1 &#8211; October 31)<\/strong><\/p><\/div><\/div><\/td><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; background-color: rgb(28, 115, 186); border-width: 1px; border-color: #000000; border-style: solid; border-radius: 0px; \" data-y-index=\"0\" data-x-index=\"3\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-600\" style=\"color: #ffffff; font-size: 1.2em; \"><div style=\"position: relative;\"><p><strong>Tiered pices (cents\/kWh)<\/strong><\/p><\/div><\/div><\/td><\/tr><tr  class=\"wptb-row \" style=\"\"><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; border-width: 1px; border-color: #000000; border-style: solid; border-radius: 0px; \" data-y-index=\"1\" data-x-index=\"0\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-601\" style=\"color: #000000; font-size: 1em; \"><div style=\"position: relative;\"><p>Tier 1:<\/p><\/div><\/div><\/td><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; border-width: 1px; border-color: #000000; border-style: solid; border-radius: 0px; \" data-y-index=\"1\" data-x-index=\"1\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-602\" style=\"color: #040404; font-size: 15px; \"><div style=\"position: relative;\"><p>Residential &#8211; first 1,000 kWh\/month<\/p><p><br><\/p><p>Non-residential &#8211; first 750 kWh\/month<\/p><\/div><\/div><\/td><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; border-width: 1px; border-color: #000000; border-style: solid; border-radius: 0px; \" data-y-index=\"1\" data-x-index=\"2\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-603\" style=\"color: #040404; font-size: 15px; \"><div style=\"position: relative;\"><p>Residential &#8211; first 600 kWh\/month<\/p><p><br><\/p><p>Non-residential &#8211; first 750 kWh\/month<\/p><\/div><\/div><\/td><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; border-width: 1px; border-color: #000000; border-style: solid; border-radius: 0px; \" data-y-index=\"1\" data-x-index=\"3\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-604\" style=\"color: #040404; font-size: 1em; \"><div style=\"position: relative;\"><p style=\"text-align: center;\">12.0<\/p><\/div><\/div><\/td><\/tr><tr  class=\"wptb-row \" style=\"\"><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; border-width: 1px; border-color: #000000; border-style: solid; border-radius: 0px; \" data-y-index=\"2\" data-x-index=\"0\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-605\" style=\"color: #000000; font-size: 1em; \"><div style=\"position: relative;\"><p>Tier 2:<\/p><\/div><\/div><\/td><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; border-width: 1px; border-color: #000000; border-style: solid; border-radius: 0px; \" data-y-index=\"2\" data-x-index=\"1\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-606\" style=\"color: #040404; font-size: 15px; \"><div style=\"position: relative;\"><p>Residential &#8211; for electricity used above 1,000 kWh\/month<\/p><p><br><\/p><p>Non-residential &#8211; for electricity used above 750 kWh\/month<\/p><\/div><\/div><\/td><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; border-width: 1px; border-color: #000000; border-style: solid; border-radius: 0px; \" data-y-index=\"2\" data-x-index=\"2\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-607\" style=\"color: #040404; font-size: 15px; \"><div style=\"position: relative;\"><p>Residential &#8211; for electricity used above 600 kWh\/month<\/p><p><br><\/p><p>Non-residential &#8211; for electricity used above 750 kWh\/month<\/p><\/div><\/div><\/td><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; border-width: 1px; border-color: #000000; border-style: solid; border-radius: 0px; \" data-y-index=\"2\" data-x-index=\"3\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-608\" style=\"color: #040404; font-size: 1em; \"><div style=\"position: relative;\"><p style=\"text-align: center;\">14.2<\/p><\/div><\/div><\/td><\/tr><\/tbody><\/table>\n<\/div>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">To learn more about Tiered electricity rates in Ontario, <a href=\"https:\/\/energyrates.ca\/how-tiered-prices-for-electricity-work-in-ontario\/\">click here<\/a>. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The Advantages of RPP Rates<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">RPP is highly desirable for consumers who value predictability above all else. In addition, the cost breakdown on an RPP bill can be easier to follow than bills for retail energy or utilities that charge TOU rates. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Additionally, you have no obligation to stick with your RPP utility. Thus, you can come and go as you please. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The Disadvantages of RPP Rates<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The stability of RPP comes at a cost. Retail energy plans are not guaranteed to be cheaper, and in many cases may be higher than RPP rates. This is in part because RPP rates are designed to reflect forecasted costs and provide stability over time. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But for those who use more than a couple of hundred kWh of electricity per month, many retailers offer competitive <strong>fixed-rate or variable-rate plans <\/strong>based on a per kWh charge, allowing consumers to manage price certainty or respond to market conditions. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In addition, many retailers offer variable rates that change according to current economic conditions, though these rates are not consistently lower than RPP rates and may be higher over time. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">So, for consumers who want flexibility in pricing structure or renewable options, there may be reasons to look at alternatives to RPP utilities. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">RPP Settlement<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Any consumer who chooses to leave the RPP will either pay or receive a final RPP variance settlement amount. The amount reflects the consumer\u2019s share of any accumulated variance between the actual price paid to generators and the forecast price paid by RPP consumers. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The final RPP variance settlement amount applies to RPP customers who:<\/strong> <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Cancel their account and move outside of Ontario\u00a0\u00a0<\/li>\n\n\n\n<li>Switch to a competitive retailer\u00a0\u00a0<\/li>\n\n\n\n<li>Elect\u00a0the spot market pricing option\u00a0\u00a0<\/li>\n\n\n\n<li>No longer remain eligible for the RPP\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">For all but the largest consumers of electricity, this settlement will amount to a few dollars. The settlement is based upon the \u201c<a href=\"http:\/\/www.ontarioenergyboard.ca\/OEB\/Industry\/Regulatory+Proceedings\/Policy+Initiatives+and+Consultations\/Regulated+Price+Plan\/Regulated+Price+Plan+-+Variance+Settlement+Amount\" target=\"_blank\" rel=\"noopener\">Final RPP Variance Settlement Factor<\/a>,\u201d which is recalculated periodically. When this factor is positive, you will be\u00a0charged with\u00a0a settlement. When the factor is negative, you will be credited for the settlement.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As of April 18, 2024, the final RPP variance settlement factor is:<\/p>\n\n\n<div class=\"wp-block-wptb-table-block\"><div class=\"wptb-container-legacy\" data-table-id=\"7858\">\n    <table class=\"wptb-preview-table wptb-element-main-table_setting-7858\" data-reconstraction=\"1\" style=\"border: 1px solid rgb(209, 209, 209);\" data-wptb-table-tds-sum-max-width=\"263\" data-wptb-cells-width-auto-count=\"2\" data-wptb-table-directives=\"eyJpbm5lckJvcmRlcnMiOnsiYWN0aXZlIjoiYWxsIiwiYm9yZGVyV2lkdGgiOiIxIiwiYm9yZGVyUmFkaXVzZXMiOnsiYWxsIjpudWxsfX19\" data-wptb-horizontal-scroll-status=\"false\" data-wptb-extra-styles=\"LyogRW50ZXIgeW91ciBjdXN0b20gQ1NTIHJ1bGVzIGhlcmUgKi8=\" role=\"table\" data-table-columns=\"2\"><tbody><tr class=\"wptb-row\" data-wptb-bg-color=\"\"><td class=\"wptb-cell wptb-highlighted\" data-y-index=\"0\" data-x-index=\"0\" style=\"border: 1px solid rgb(209, 209, 209);\" data-wptb-css-td-auto-width=\"true\"><div class=\"wptb-text-container wptb-ph-element wptb-element-text-2081\" style=\"color: rgb(0, 0, 0); font-size: 15px; padding: 0px; margin: 0px;\"><div class=\"\" style=\"position: relative;\"><p>Net Variance Account Balance<\/p><\/div><\/div><\/td><td class=\"wptb-cell wptb-highlighted\" data-y-index=\"0\" data-x-index=\"1\" style=\"border: 1px solid rgb(209, 209, 209);\" data-wptb-css-td-auto-width=\"true\"><div class=\"wptb-text-container wptb-ph-element wptb-element-text-2082\" style=\"color: rgb(0, 0, 0); font-size: 15px; padding: 0px; margin: 0px;\"><div class=\"\" style=\"position: relative;\"><p>$3,265,957<\/p><\/div><\/div><\/td><\/tr><tr class=\"wptb-row\" style=\"--hover-bg-color: undefined;\"><td class=\"wptb-cell\" data-y-index=\"1\" data-x-index=\"0\" style=\"border: 1px solid rgb(209, 209, 209);\" data-wptb-css-td-auto-width=\"true\"><div class=\"wptb-text-container wptb-ph-element wptb-element-text-2083\" style=\"color: rgb(0, 0, 0); font-size: 15px; padding: 0px; margin: 0px;\"><div class=\"\" style=\"position: relative;\"><p>Total RPP consumption for the preceding 12 months<\/p><\/div><grammarly-extension data-grammarly-shadow-root=\"true\" style=\"position: absolute; top: -1px; left: -1px; pointer-events: none; z-index: auto;\" class=\"dnXmp\"><\/grammarly-extension><grammarly-extension data-grammarly-shadow-root=\"true\" style=\"position: absolute; top: -1px; left: -1px; pointer-events: none; z-index: auto;\" class=\"dnXmp\"><\/grammarly-extension><\/div><\/td><td class=\"wptb-cell\" data-y-index=\"1\" data-x-index=\"1\" style=\"border: 1px solid rgb(209, 209, 209);\" data-wptb-css-td-auto-width=\"true\"><div class=\"wptb-text-container wptb-ph-element wptb-element-text-2084\" style=\"color: rgb(0, 0, 0); font-size: 15px; padding: 0px; margin: 0px;\"><div class=\"\" style=\"position: relative;\"><p>$64,116,533,765<\/p><\/div><\/div><\/td><\/tr><tr class=\"wptb-row\" style=\"--hover-bg-color: undefined;\"><td class=\"wptb-cell\" style=\"border: 1px solid rgb(209, 209, 209);\" data-x-index=\"0\" data-y-index=\"2\" data-wptb-css-td-auto-width=\"true\"><div class=\"wptb-text-container wptb-ph-element wptb-element-text-2085\" style=\"color: rgb(0, 0, 0); font-size: 15px; padding: 0px; margin: 0px;\"><div class=\"\" style=\"position: relative;\"><p>Final RPP Variance Settlement Factor<\/p><\/div><\/div><\/td><td class=\"wptb-cell\" style=\"border: 1px solid rgb(209, 209, 209);\" data-x-index=\"1\" data-y-index=\"2\" data-wptb-css-td-auto-width=\"true\"><div class=\"wptb-text-container wptb-ph-element wptb-element-text-2086\" style=\"color: rgb(0, 0, 0); font-size: 15px; padding: 0px; margin: 0px;\"><div class=\"\"><p>0.000509 $\/kWh<\/p><p><\/p><\/div><\/div><div class=\"wptb-text-container wptb-ph-element wptb-element-text-2088\" style=\"color: rgb(0, 0, 0); font-size: 15px; padding: 0px; margin: 0px;\"><div class=\"\" style=\"position: relative;\"><p>0.00509 \u00a2\/kWh<\/p><\/div><\/div><\/td><\/tr><\/tbody><\/table>\n<\/div>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">To calculate your settlement, take your average monthly energy consumption in kWh, multiply it by 12 (if you were an RPP customer for less than 12 months, substitute the number of months you were an RPP customer), and then multiply by the variance to find your settlement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For example, an RPP consumer using an average of 700 kWh\/month would be charged $0.43 if they leave the RRP:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">700 kWh\/month x 12 months = 8,400 kWh x $0.0000509\/kWh = $0.43 <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">An RPP customer using an average of 1,000 kWh\/month would be charged $0.61 if they leave the RPP: <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">1,000 kWh\/month x 12 months = 12,000 kWh x $0.0000509\/kWh $0.61<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You would be charged a total of $4.27 on your final bill for your RPP settlement. For more information on the settlement, visit the Ontario Energy Board&#8217;s <a href=\"https:\/\/www.oeb.ca\/consultations-and-projects\/policy-initiatives-and-consultations\/final-rpp-variance-settlement\" target=\"_blank\" rel=\"noreferrer noopener\">Final RPP Variance Settlement Amount<\/a> page.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Time-Of-Use (TOU) Prices<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The majority of Ontario electricity consumers pay <a href=\"https:\/\/energyrates.ca\/is-there-a-best-time-to-use-electricity-in-ontario\/\">Time-Of-Use (TOU) prices for their electricity<\/a>. TOU prices are regulated by the <a href=\"http:\/\/www.ontarioenergyboard.ca\/OEB\/Consumers\/Electricity\/Electricity+Prices\" target=\"_blank\" rel=\"noopener\">Ontario Energy Board<\/a>, which reviews current economic conditions and adjusts these regulated rates every six months.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While TOU prices can be a little difficult to understand, they\u2019re built around a simple concept: when electricity demand is higher, it costs producers more to meet this demand, thus prices need to be accordingly high. When demand is low, the cost of production is low, and the prices are low.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">TOU Periods and Prices<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">TOU prices are broken down into three categories:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Off-Peak: This is the period when electricity consumption is lowest. During this period, prices are at their lowest. <\/li>\n\n\n\n<li>Mid-Peak: This is when demand for electricity is moderately high, but not at its peak. Prices during this period are a little higher than they are during Off-Peak hours. <\/li>\n\n\n\n<li>On-Peak: This is primetime, when electricity demand is at its absolute highest, and so prices are at their peak. During this period, the vast majority of people are at home and running their heating, air conditioning, TVs, computers, microwaves, etc. <\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">As of May 1<sup>st<\/sup>, 2026, these are the prices for each of these periods:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Off-Peak: 9.8 cents\/kWh<\/li>\n\n\n\n<li>Mid-Peak: 15.7 cents\/kWh<\/li>\n\n\n\n<li>On-Peak: 20.3 cents\/kWh<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Thus, the price that TOU users pay for their electricity changes depending on <strong><em>when<\/em><\/strong> they use their electricity.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">TOU Price Breakdown<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The TOU rate schedule is built around the typical power consumption of Ontario residents. Because this behaviour changes on weekdays versus weekends, and winter versus summer, the TOU schedule changes according to the season and the day of the week.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For weekends and holidays, regardless of the season, all hours of the day are off-peak. No matter when you use electricity during these days, you will pay the lowest TOU rate. But it\u2019s the weekdays where things get tricky.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the summer (May 1<sup>st<\/sup> to October 31<sup>st<\/sup>), the weekday schedule breaks down as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Off-Peak: 7 PM to 7 AM<\/li>\n\n\n\n<li>Mid-Peak: 7 AM to 11 AM and 5 PM to 7 PM<\/li>\n\n\n\n<li>On-Peak: 11 AM to 5 PM<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">In the winter (November 1<sup>st<\/sup> to April 30<sup>th<\/sup>), the weekday schedule is:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Off-Peak: 7 PM to 7 AM<\/li>\n\n\n\n<li>Mid-Peak: 11 AM to 5 PM<\/li>\n\n\n\n<li>On-Peak: 7 AM to 11 AM and 5 PM to 7 PM<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The Ontario Energy Board reviews and updates these prices every six months, so they are subject to change over time.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-ultra-low-overnight-ulo\">Ultra-Low Overnight (ULO)<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Ontarians have the\u00a0option\u00a0of <a href=\"https:\/\/energyrates.ca\/how-the-ultra-low-overnight-electricity-price-plan-works-in-ontario\/\">the Ultra-Low Overnight (ULO) plan<\/a>, which is now available across all utilities in the province. The ULO plan provides a low rate for overnight electricity usage, making it beneficial for consumers who primarily use electricity at night.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The price of electricity changes constantly, on a second-by-second basis. In Ontario, the electricity market is overseen by the <strong>Independent Electricity System Operator<\/strong> (IESO). The IESO essentially keeps the market organized, making sure that sales of electricity are properly sorted according to cost so that buyers can easily purchase the cheapest available electricity. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The point at which buyers and sellers agree on a price is referred to as the <strong>Market Clearing Price<\/strong> (MCP), which is updated every five minutes. Every hour, the previous 12 MCPs are averaged together to calculate the <strong>Hourly Ontario Energy Price<\/strong> (HOEP). <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Businesses that use large amounts of electricity purchase it wholesale according to the HOEP. Most residential and small business consumers do not pay HOEP directly<strong>.<\/strong> Homeowners and small business owners usually pay Time-Of-Use or other Regulated Price Plan rates, which are forecast-based and include additional system costs such as the Global Adjustment and delivery charges. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-ultra-low-overnight-price-breakdown\">Ultra-Low Overnight Price Breakdown<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The Ultra-Low Overnight (ULO) plan operates similarly to the TOU plan. The following is the pricing schedule: <\/p>\n\n\n<div class=\"wp-block-wptb-table-block\"><div class=\"wptb-container-legacy\" data-table-id=\"6958\">\n    <table class=\"wptb-preview-table wptb-element-main-table_setting-6958\" style=\"border-spacing: 3px 3px; border-collapse: collapse !important; min-width: 100%; border: 1px solid #d1d1d1; \" data-border-spacing-columns=\"3\" data-border-spacing-rows=\"3\" data-reconstraction=\"1\" data-wptb-table-directives=\"eyJpbm5lckJvcmRlcnMiOnsiYWN0aXZlIjoiYWxsIiwiYm9yZGVyV2lkdGgiOjEsImJvcmRlclJhZGl1c2VzIjp7ImFsbCI6MCwicm93IjowLCJjb2x1bW4iOjB9fX0=\" data-wptb-responsive-directives=\"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\" data-wptb-cells-width-auto-count=\"3\" data-wptb-horizontal-scroll-status=\"1\" data-wptb-extra-styles=\"LyogRW50ZXIgeW91ciBjdXN0b20gQ1NTIHJ1bGVzIGhlcmUgKi8=\" data-wptb-pro-pagination-top-row-header=\"true\" data-wptb-rows-per-page=\"3\" data-wptb-pro-search-top-row-header=\"true\" data-wptb-searchbar-position=\"left\" role=\"table\" data-table-columns=\"3\" data-wptb-table-alignment=\"center\" data-wptb-td-width-auto=\"120\" data-wptb-table-tds-sum-max-width=\"426\" ><tbody data-global-font-color=\"#000000\" data-global-link-color=\"#000000\" data-global-font-size=\"15\" ><tr  class=\"wptb-row \" style=\"\"><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; border-width: 1px; border-color: #d1d1d1; border-style: solid; border-radius: 0px; \" data-y-index=\"0\" data-x-index=\"0\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-597\" style=\"color: #4a5568; font-size: 20px; padding: 0px; margin: 0px; \"><div style=\"position: relative;\"><p><strong>ULO Price Periods<\/strong><\/p><\/div><\/div><\/td><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; border-width: 1px; border-color: #d1d1d1; border-style: solid; border-radius: 0px; \" data-y-index=\"0\" data-x-index=\"1\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-598\" style=\"color: #4a5568; font-size: 20px; padding: 0px; margin: 0px; \"><div style=\"position: relative;\"><p><strong>Time (all year)<\/strong><br><\/p><\/div><\/div><\/td><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; border-width: 1px; border-color: #d1d1d1; border-style: solid; border-radius: 0px; \" data-y-index=\"0\" data-x-index=\"2\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-599\" style=\"color: #4a5568; font-size: 20px; padding: 0px; margin: 0px; \"><div style=\"position: relative;\"><p><strong>Prices (\u00a2\/kWh)<\/strong><\/p><\/div><\/div><\/td><\/tr><tr  class=\"wptb-row \" style=\"\"><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; border-width: 1px; border-color: #d1d1d1; border-style: solid; border-radius: 0px; \" data-y-index=\"1\" data-x-index=\"0\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-600\" style=\"color: #4a5568; font-size: 15px; padding: 0px; margin: 0px; \"><div style=\"position: relative;\"><p>Ultra-Low Overnight (demand for electricity lowest on average)<\/p><\/div><\/div><\/td><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; border-width: 1px; border-color: #d1d1d1; border-style: solid; border-radius: 0px; \" data-y-index=\"1\" data-x-index=\"1\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-601\" style=\"color: #4a5568; font-size: 15px; padding: 0px; margin: 0px; \"><div style=\"position: relative;\"><p>Every day, 11 p.m. to 7 a.m.<\/p><\/div><\/div><\/td><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; border-width: 1px; border-color: #d1d1d1; border-style: solid; border-radius: 0px; \" data-y-index=\"1\" data-x-index=\"2\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-602\" style=\"color: #4a5568; font-size: 15px; padding: 0px; margin: 0px; \"><div style=\"position: relative;\"><p>3.9<\/p><\/div><\/div><\/td><\/tr><tr  class=\"wptb-row \" style=\"\"><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; border-width: 1px; border-color: #d1d1d1; border-style: solid; border-radius: 0px; \" data-y-index=\"2\" data-x-index=\"0\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-603\" style=\"color: #4a5568; font-size: 15px; padding: 0px; margin: 0px; \"><div style=\"position: relative;\"><p>Weekend Off-Peak\u00a0<\/p><\/div><\/div><\/td><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; border-width: 1px; border-color: #d1d1d1; border-style: solid; border-radius: 0px; \" data-y-index=\"2\" data-x-index=\"1\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-604\" style=\"color: #4a5568; font-size: 15px; padding: 0px; margin: 0px; \"><div style=\"position: relative;\"><p>Weekends and holidays, 7 a.m. to 11 p.m.<\/p><\/div><\/div><\/td><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; border-width: 1px; border-color: #d1d1d1; border-style: solid; border-radius: 0px; \" data-y-index=\"2\" data-x-index=\"2\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-605\" style=\"color: #4a5568; font-size: 15px; padding: 0px; margin: 0px; \"><div style=\"position: relative;\"><p>9.8<\/p><\/div><\/div><\/td><\/tr><tr  class=\"wptb-row \" style=\"\"><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; border-width: 1px; border-color: #d1d1d1; border-style: solid; border-radius: 0px; \" data-y-index=\"3\" data-x-index=\"0\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-606\" style=\"color: #4a5568; font-size: 15px; padding: 0px; margin: 0px; \"><div style=\"position: relative;\"><p>Mid-Peak (demand for electricity is moderate)\u00a0<\/p><\/div><\/div><\/td><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; border-width: 1px; border-color: #d1d1d1; border-style: solid; border-radius: 0px; \" data-y-index=\"3\" data-x-index=\"1\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-607\" style=\"color: #4a5568; font-size: 15px; padding: 0px; margin: 0px; \"><div style=\"position: relative;\"><p>Weekdays, 7 a.m. to 4 p.m. and 9 p.m. to 11 p.m.<\/p><\/div><\/div><\/td><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; border-width: 1px; border-color: #d1d1d1; border-style: solid; border-radius: 0px; \" data-y-index=\"3\" data-x-index=\"2\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-608\" style=\"color: #4a5568; font-size: 15px; padding: 0px; margin: 0px; \"><div style=\"position: relative;\"><p>15.7<\/p><\/div><\/div><\/td><\/tr><tr  class=\"wptb-row \" style=\"\"><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; border-width: 1px; border-color: #d1d1d1; border-style: solid; border-radius: 0px; \" data-y-index=\"4\" data-x-index=\"0\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-609\" style=\"color: #4a5568; font-size: 15px; padding: 0px; margin: 0px; \"><div style=\"position: relative;\"><p>On-peak (demand for electricity is highest on average)<\/p><\/div><\/div><\/td><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; border-width: 1px; border-color: #d1d1d1; border-style: solid; border-radius: 0px; \" data-y-index=\"4\" data-x-index=\"1\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-610\" style=\"color: #4a5568; font-size: 15px; padding: 0px; margin: 0px; \"><div style=\"position: relative;\"><p>Weekdays, 4 p.m. to 9 p.m.<\/p><\/div><\/div><\/td><td class=\"wptb-cell \" colspan=\"1\" rowspan=\"1\" style=\"padding: 10px; border-width: 1px; border-color: #d1d1d1; border-style: solid; border-radius: 0px; \" data-y-index=\"4\" data-x-index=\"2\" data-wptb-css-td-auto-width=\"true\" data-wptb-css-td-auto-height=\"true\" data-wptb-cell-vertical-alignment=\"center\" ><div class=\"wptb-text-container wptb-ph-element wptb-element-text-611\" style=\"color: #4a5568; font-size: 15px; padding: 0px; margin: 0px; \"><div style=\"position: relative;\"><p>39.1<\/p><\/div><\/div><\/td><\/tr><\/tbody><\/table>\n<\/div>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\" id=\"h-key-takeaways\">Key takeaways:<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Electricity prices in Ontario are influenced by supply, demand, and market conditions.\u00a0\u00a0<\/li>\n\n\n\n<li>Most\u00a0customers\u00a0pay regulated rates (RPP), which are designed for stability and predictability.\u00a0<\/li>\n\n\n\n<li>RPP includes multiple pricing options, such as Time-of-Use, Tiered, and Ultra-Low Overnight.\u00a0\u00a0<\/li>\n\n\n\n<li>Most residential consumers do not pay wholesale market prices (HOEP) directly.\u00a0\u00a0<\/li>\n\n\n\n<li>Understanding your rate structure is key to managing electricity costs effectively.\u00a0<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"In this article: While some companies charge very simple and easy-to-understand electricity rates, many offer plans with pricing structures that seem confusing, random or even intentionally opaque. To help clear up some of the confusion, here is a breakdown of some of the more common electricity rate plans used by retailers and electricity utilities. Hourly [&hellip;]\n","protected":false},"author":1,"featured_media":0,"parent":4758,"menu_order":137,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"class_list":["post-4776","page","type-page","status-publish","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Explaining Your Ontario Electricity Rate &#8211; EnergyRates.ca<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/energyrates.ca\/fr\/ontario\/explaining-ontario-electricity-rate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Explaining Your Ontario Electricity Rate\" \/>\n<meta property=\"og:description\" content=\"In this article: While some companies charge very simple and easy-to-understand electricity rates, many offer plans with pricing structures that seem confusing, random or even intentionally opaque. To help clear up some of the confusion, here is a breakdown of some of the more common electricity rate plans used by retailers and electricity utilities. 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