Residential Electricity Rates

Sunday 7:50AM

Currently Mid-Peak

12 Am - 12 Pm


Tiered Pricing is broken down into set amounts of electricity that may be used at a specific rate;

once this set amount is exceeded, the rate changes to a more expensive tier.

Tiered pricing is generally updated annually on May 1 and November 1. 

As of November 1, 2022, these are the current tiered prices 

  Winter Tier Thresholds

November 1, 2022

Tiered Prices

November 1, 2021

Tiered Prices


For first 1,000 kWh/month 8.7 ¢/kWh 9.8 ¢/kWh


For electricity used above 1,000 kWh/month 10.3 ¢/kWh 11.5 ¢/kWh


If you’re a residential or small business customer that pays Time-of-Use (TOU) electricity prices, you can choose to switch to Tiered* prices. 

If you want to continue paying TOU prices, no action is required. If you would like to learn more about your pricing options, visit

To switch from TOU to Tiered prices, you can notify us by completing an election form or by contacting us at (905) 895-2309, Monday through Friday, 8:30 am - 4:00 pm.

You may wish to continue paying TOU prices for your electricity. In that case, no action is required.

About TOU Pricing

With TOU prices, the price depends on when you use electricity. You can help manage your electricity costs by shifting your usage to lower price periods when possible.

There are three TOU periods:

  • Off-peak: When demand for electricity is lowest. Ontario households use most of their electricity – nearly two thirds of it – during off-peak hours.
  • Mid-peak: When demand for electricity is moderate. These periods are during the daytime, but not the busiest times of day.
  • On-peak: When demand for electricity is generally higher. These are the busier times of day - generally when people are cooking, starting up their computers and running heaters or air conditioners.

People use electricity differently depending on the season, so the TOU price periods are different in the winter than they are in the summer.

TOU graphic
About Tiered Pricing

With Tiered prices, you can use a certain amount of electricity each month at a lower price. Once that limit (called a threshold) is exceeded, a higher price applies. For residential customers, the threshold normally changes with the season to reflect changing usage patterns – for example, there are fewer hours of daylight in the winter and some customers use electric heating.

In the winter period (November 1 – April 30), the Tier threshold for residential customers is 1,000 kWh so that households can use more power at the lower price. In the summer period (May 1 – October 31), the Tier threshold for residential customers is 600 kWh. 

For small business customers, the Tier threshold is 750 kWh all year round. 

Tiered prices give you the flexibility to use electricity at any time of day at the same price, although that price will change if you exceed the threshold during the month.

Tiered pricing breakdown



Residential Electricity Rates, Effective May 1, 2023 - October 31, 2023 - Breakdown of Charges


Breakdown of Charges - Rates Effective May 1, 2023 - October 31, 2023 Newmarket-Tay Midland
Time-of-use (TOU) Rates On-Peak per kWh $0.1510 $0.1510
Mid-Peak per kWh $0.1020 $0.1020
Off-Peak per kWh $0.0740 $0.0740
Tiered Rates Tier 1 per kWh $0.0870 $0.0870
Tier 2 per kWh $0.1030 $0.1030
Delivery Charges Service Charge per month $31.0100 $34.3000
Smart Metering Entity Charge - effective until December 31, 2027 per month $0.4200 $0.4200
Low Voltage Service Rate per kWh N/A $0.0020
Rate Rider for Application of Tax Change (2023) - effectiv euntil April 30, 2024 per month -$0.0600 N/A
Rate Rider for Disposition of Capacity Based Recovery Account (2023) - effective until April 30, 2024 - Applicable only for Class B Customers per kWh -$0.0002 -$0.0001
Rate Rider for Disposition of Deferral/Variance Accounts (2023) - effective until April 30, 2024 per kWh $0.0021 $0.0058
Rate Rider for Disposition of Global Adjustment Account (2023) - effective until April 30, 2024 - Applicable only for Non-RPP Customers per kWh N/A -$0.0033
Rate Rider for Recovery of Incremental Capital - effective until the effective date of the next cost of service-based rate order per month $0.9200 N/A
Retail Transmission Rate - Line and Transformation Connection Service Rate per kWh $0.0083 $0.0069
Retail Transmission Rate - Network Service Rate per kWh $0.0107 $0.0092
Regulatory Charges Wholesale Market Service Rate per kWh $0.0041 $0.0041
Capacity Based Recovery (CBR) - Applicable for Class B Customers per kWh $0.0004 $0.0004
Rural or Remote Electricity Rate Protection Charge (RRRP) per kWh $0.0007 $0.0007
Standard Supply Service - Administrative Charge (if applicable) per month $0.2500 $0.2500
HST HST on Electric % 13.00% 13.00%
OER Provincial Rebate (OER or OREC) % -11.70% -11.70%