Commercial Electricity Rates

Residential and small business customers can choose between a Time-of-Use (TOU) or Tiered pricing structure as of November 1, 2020.

With TOU the day is divided into 3 price periods: off-peak, mid-peak, and on-peak, and the price you pay depends on when you use electricity. With Tiered prices, you can use a certain amount of electricity each month at a lower price. Once that limit is exceeded, a higher price applies.

For customers already on TOU who wish to continue being billed with the TOU pricing no action is required.

For more information: oeb.ca/choice

Forms to change from Time-of-Use to tiered pricing are available here: or Download PDF

Tiered Price

A small number of customers are on the pricing system, known as Tiered Pricing. The charges for these customers, effective May 1, 2023-October 31, 2023, are:

Up to 750 kWh per month	$/kWh	0.087
Consumption beyond 750 kWh	$/kWh	0.103

General Service customers with consumption in excess of 250,000 kWh are subject to hourly electricity pricing. Customers with an interval meter pays the hourly spot price; customers who do not have an interval meter pay the weighted wholesale price. In addition, a customer on hourly electricity pricing has a separate line item on their bill called global adjustment. For more information on electricity pricing please refer to the IESO website at www.ieso.ca.

Energy and Water Reporting and Benchmarking (EWRB) Best Practices Guide

The guide was developed based on best benchmarking practices with input from LDCs and is intended to assist with a range of EWRB related topics. It includes items like data request templates, general tips and tricks, and a section on frequently asked questions. View full guide.