Electricity Rates
If you're a residential or small business customer, you can choose from three electricity pricing plans.
Prices are set by the Ontario Energy Board (OEB) and typically change on November 1, while Time-Of-Use (TOU) periods and Tiered thresholds adjust on May 1 and November 1.
With TOU and Ultra-Low Overnight (ULO), prices vary based on when you use electricity. With Tiered pricing, the cost depends on how much electricity you use each month.
Time-of-Use (TOU)
Summer Hours in effect from May 1 - October 31
| TOU Price Periods | Winter (November 1 - April 30) | Summer (May 1 - October 31) | TOU Price (¢/kWh) |
|---|---|---|---|
| Off-Peak | Weekdays 7 p.m. – 7 a.m. Weekends and holidays all day | Weekdays 7 p.m. – 7 a.m. Weekends and holidays all day | 9.8 |
| Mid-Peak | Weekdays 11 a.m. – 5 p.m. | Weekdays 7 a.m. – 11 a.m. and 5 p.m. – 7 p.m. | 15.7 |
| On-Peak | Weekdays 7 a.m. – 11 a.m. and 5 p.m. – 7 p.m. | Weekdays 11 a.m. – 5 p.m. | 20.3 |
For a complete list of the TOU Holiday Schedule, please visit the OEB Website.
Ultra-Low Overnight (ULO)
ULO is now available for all InnPower customers! Take a look at our newest regulated price plan to learn how you can save more energy by shifting your usage to one of the four price periods to choose from.
ULO pricing stays the same year-round.
| ULO Price Periods | All Year | ULO Prices (¢/kWh) |
|---|---|---|
| Ultra-Low Overnight | Every day 11 p.m. - 7 a.m. | 3.9 |
| Weekend Off-Peak | Weekends and holidays 7 a.m. – 11 p.m. | 9.8 |
| Mid-Peak | Weekdays 7 a.m. – 4 p.m. and 9 p.m. to 11 p.m. | 15.7 |
| On-Peak | Weekdays 4 p.m. – 9 p.m. | 39.1 |
Tiered
Summer Thresholds in effect from May 1 - October 31
| Tier Thresholds | Winter(November 1 – April 30) | Summer(May 1 – October 31) | Tiered Prices (¢/kWh) |
|---|---|---|---|
| Tier 1 | Residential – first 1,000 kWh/month Non-Residential – first 750 kWh/month | Residential – first 600 kWh/month Non-residential – first 750 kWh/month | 12.0 |
| Tier 2 | Residential – for electricity used above 1,000 kWh/month Non-Residential – for electricity used above 750 kWh/month | Residential – for electricity used above 600 kWh/month Non-Residential – for electricity used above 750 kWh/month | 14.2 |
Power is Personal
If you’re a residential or small business customer, you can choose to switch between Time-of-Use (TOU) and Tiered prices. Electricity utilities offer the Ultra-Low Overnight (ULO) price plan.
Learn More About Choosing Your Price Plan
Retail Contracts
Customers that purchase their electricity from a licensed retailer the rates are set in the individual customer contracts, which is not regulated by the OEB.