Electricity Pricing November 1, 2019

The Ontario Energy Board (OEB) announced new electricity prices for households and small businesses, effective November 1, 2019 under the Regulated Price Plan (RPP). The winter time-of-use (TOU) hours will also take effect November 1, 2019.

The OEB has estimated the total bill for a typical residential customer who uses 700 kWh per month will increase by about $1.99 or 1.8%, which is in line with the rate of inflation, as a result of the following changes:

  • With changes in legislation, prices on the Electricity line are increasing so that they once again closely reflect the forecast cost of supply. As well, the increase in prices reflects the fact that the forecast cost of supply has gone up relative to what it was on May 1, 2019 due in part to refurbishment of nuclear facilities and new generation facilities coming online.
  • The Ontario government has introduced an expanded rebate (the Ontario Electricity Rebate) providing bill relief that will be applied to customer bills, largely offsetting the price changes on the Electricity line.

Below is an OEB sample electricity statement to reflect the regulated changes introduced by the Ontario government..

The new TOU prices set by the OEB for November 1, 2019 under the RPP are shown in the table below. The table also shows the hours to which those prices apply:

The table below shows the new prices for the small number of customers paying tiered prices:

Ontario Electricity Rebate (OER)

Along with the new rates, the Province of Ontario has implemented the Ontario Electricity Rebate (OER), effective November 1, 2019. The OER is a new, 31.8 % on-bill rebate that replaces the previous 8% provincial rebate and other electricity rate relief provided through the Fair Hydro Plan.

Previously, residential, farm and most small business electricity consumers received a reduction on their bill that was built into the price of electricity. This meant that you could not see the amount of the reduction or the true cost of electricity. The new OER will allow you to see the true cost of electricity on your bill and the full value of your OER if you are eligible for it.

In addition, if you receive support through more than one provincial program, you will see a message that summarizes the total Ontario support provided on your bill.

The Ontario Electricity Rebate (OER) is for households, farms, long-term care homes and many small businesses. All ratepayers who were eligible for the previous 8% rebate will receive the Ontario Electricity Rebate (OER) as of November 1, 2019.

Consumers including: hospitals, universities, colleges and any multi-unit complexes that have fewer than 50% residential units, such as large commercial buildings, need to report to their Local Distribution Company (LDC) to receive an extension to continue to receive the benefit until November 1, 2020 while the Ministry of Energy, Northern Development and Mines collects data and ensure the program is being administered fairly.

Some larger multi-unit complexes that use over 250,000 kilowatt-hours per year and whose demand is over 50 kilowatts, such as apartment buildings and condominiums, will be required to provide a notice to their LDC by January 31, 2020 in order to receive the rebate beyond February 1, 2020.

For more information regarding the OER, please see the following Ontario Electricity Rebate FAQs

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