Commercial Electricity Rates

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Make the choice that's best for you and your business

Learn about Customer Choice and select the best option for your business Time-of-Use (TOU) or Tiered.

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. 

  • Mid-peak: When demand for electricity is moderate. 

  • On-peak: When demand for electricity is generally higher. 

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

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Winter 2022 TOU Clocks
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 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.

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Winter 2022 Tiered Rates

TOU and Tiered Pricing - November 1, 2022 to October 31, 2023

The Ontario Energy Board (OEB) announced TOU and Tiered rates effective November 1, 2022 to October 31, 2023 for residential and small business customers on TOU and Tiered pricing under the Regulated Price Plan (RPP). 

To learn more about your current bill, click here for TOU and here for Tiered. To view TOU pricing effective May 1 to October 31, 2022, visit our website at this link. To view Tiered pricing effective May 1 to October 31, 2022, visit our website at this link.

Monday 8:03PM

Currently Off-Peak

7 PM - 7 AM
Off-Peak
7.4¢/kWh
11 AM - 5 PM
Mid-Peak
10.2¢/kWh
7 AM-11 AM • 5 PM-7 PM
On-Peak
15.1¢/kWh

A small number of customers use tiered rates. 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. As of November 1, 2022, Tiered prices for non-residential customers are:

First Tier - Up to 750 kWh

 

Second Tier - More than 750 kWh

8.7 cents per kWh

10.3 cents per kWh

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Small Business Charges

Learn more about charges, including delivery charges by rate class for your current bill.

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Additional Information

Learn more about rates, Weighted Average Price/Spot Market Price, global adjustment, the Ontario Electricity Rebate and retail contracts.