Business rate change

Information about the recent change.

What's changed?

Effective May 1, 2019, 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. For additional information, visit the OEB's website.

Timing of rate changes

  • Changes to the Delivery Charge typically take effect on January 1
  • Updates to Regulated Price Plan are made by our regulator, the OEB, generally twice a year – May 1 and November 1. For more information visit the OEB's website
  • Updates to Regulatory Charges are set by the OEB and apply to all utilities

Will these changes occur every year?

Different rates (prices) on your bill are updated annually by the OEB during specified times. Although over time rates generally increase, in some instances, certain rates may stay static or decrease.

Why are rates changing?

A strong, stable electrical system is essential to a modern global city. It powers growth in Toronto and provides a foundation for the connected lifestyle we all enjoy. To fund necessary upgrades to our aging infrastructure, our regulator, the Ontario Energy Board, approved a five-year rate increase. This will enable more than $2 billion in capital investments in our system to improve reliability, safeguard against extreme weather events and meet growing demand.

Learn more about why we’re investing now

Rate change impact

How will the changes impact my bill?

The electricity rate changes for customers that are billed under Regulated Price Plan (RPP) take effect on May 1, 2019. Toronto Hydro-Electric System Limited will prorate your bill so that the charges before May 1, 2019 are charged at the former rates and on or after May 1, 2019 at the new rates.

Total bill comparison: General service less than 50 kW

Monthly Consumption Before May 1, 2019 After May 1, 2019 ($) Impact (%) Impact
2,000 kWh $315.57 $316.32 $0.75 0.2%

Total bill comparison: General service 50 - 999 kW

Monthly Consumption Before May 1, 2019 After May 1, 2019 ($) Impact (%) Impact
200 kVA or 79,000 kWh $10,242.75 $10,242.75 $0.00 0.0%

Total bill comparison: General service 1,000 - 4,999 kW

Monthly Consumption Before May 1, 2019 After May 1, 2019 ($) Impact (%) Impact
2,000 kVA or 900,000 kWh $109,569.94 $109,569.94 $0.00 0.0%

Total bill comparison: General service 5,000 kW and above

Monthly Consumption Before May 1, 2019 After May 1, 2019 ($) Impact (%) Impact
9,700 kVA or 4,100,000 kWh 510,220.60 $510,220.60 $0.00 0.0%

*HST and 8% Provincial Rebate are not included.

Important notes:

  1. Sample calculations reflect the impact of the May 1, 2019 change in electricity charges.
  2. Regulated Price Plan (RPP) is used for sample bill impacts for a typical customer not eligible for the 8% Provincial Rebate.