The majority of Oakville Hydro’s residential and small business customers are billed based on time-of-use rates. If you have signed a contract with an electricity retailer you will pay contract rates. For those customers on time-of-use rates, there are three price periods:
The chart below shows the price you pay for electricity at different times of the day. To view a downloadable PDF from the Ontario Energy Board, click here. To view the Time-of-Use holiday schedule, click here. To view previous rates, click here. To learn more about understanding your bill, click here.
Changes to Your Electricity Bill
Starting November 1, 2019 the Ontario Electricity Rebate started being applied to bills for most residential consumers, farms and many small businesses.
The Ontario Electricity Rebate provides a 31.8% rebate on electricity charges for eligible customers and will appear on your hydro bill as a single line item.
At Oakville Hydro, we purchase the electricity we deliver to customers at market prices and earns no margin on the sale of the commodity. Oakville Hydro’s charges account for approximately 19% of the total bill for a typical residential customer.
The other charges on your bill are collected by Oakville Hydro on behalf of other electricity market participants, including generators, transmitters, retailers and regulators.
Visit the OEB website for more information on rate changes and electricity pricing.
Frequently Asked Questions
Do you have questions about electricity rates? Find answers to frequently asked questions.
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