Rate change information - woman at home looking at computer

Residential Rate Change

What are the changes?

Effective May 1, 2018, the Ontario Energy Board (OEB) announced there will be little change in Electricity rates for customers paying under the Regulated Price Plan (RPP) for Time-of-Use rates and Tiered Pricing. For more information, please click here.

Effective January 1, 2018, the OEB has approved changes to Delivery rates.

The changes include:

  • Customer Charge
  • Distribution Charge
  • Rate Rider for Disposition of Deferral/Variance Account
  • Rate Rider for Disposition of Capacity Based Recovery Variance Sub-Account
  • Rate Rider for Disposition of LRAM Variance Account
  • Rate Rider for Disposition of Global Adjustment Account (Non-RPP Customers)
  • Transmission Network Charge
  • Transmission Connection Charge

Effective April 1, 2018 the OEB has approved a decrease in Smart Metering Entity Charge as part of Delivery section of the bill to be collected on behalf of the Smart Meter Entity.

Also on May 31, 2017, the Ontario government passed the Fair Hydro Act, 2017, which is intended to lower electricity bills by an average of 25% for all residential consumers, small businesses and farms. Part of this Act includes the following changes, effective July 1, 2017:

  • Lower Electricity Rates. Electricity rates for customers paying Time-of-Use (TOU) rates or Tiered Pricing through the Regulated Price Plan (RPP) have been reduced.
  • Lower Regulatory Charges. The Rural or Remote Electricity Rate Protection Charge (RRRP), which appears as part of the Wholesale Market Service Charges and off-sets the cost of serving customers in rural or remote areas, has been reduced.

If you have signed a contract with an energy retailer to supply your electricity, you will see a lower Global Adjustment (GA) amount under the Electricity section of your bill.

For more information, please click here.

Why are Rates Changing?

Rate Change Impact