Equal Payment Plan
Make your household budgeting easier. Register for the Equal Payment Plan and enjoy the benefits of predictable monthly payments.
Why sign up?
The Equal Payment Plan (EPP) allows you to spread your annual electricity costs evenly through the year for easier budgeting and a more predictable monthly bill. With EPP, you pay the same amount every month.
How is the equal monthly payment amount calculated?
- We estimate how much electricity you will use for the upcoming year, and divide that amount into equal monthly payments.
- Once a year, your account is reconciled and any overpayment or underpayment is applied to the following monthly payments.
How does EPP work?
The equal monthly payment is deducted from your bank account monthly on a set date. You will continue to receive a statement by mail or by email if you have registered for eBills.
Register for EPP
To register for EPP, you will first need to register for Pre-Authorized Payment. You can register for both Pre-Authorized Payment and EPP via My TorontoHydro.
Looking for more information?
Please visit the Equal Payment Plan FAQ page.