Business electricity rates

If you are on Regulated Price Plan Tiered Pricing, your consumption in kWhs is separated into two price tiers under the government's Regulated Price Plan. You will be charged one rate for the first 750 kWhs of usage per 30 days. Any electricity that you consume over this 750 kWh threshold will be priced at a higher rate. For more information, please visit the Ontario Energy Board's website.

The rates quoted above cover the cost of electricity purchased on your behalf. Toronto Hydro passes this cost through to you, without mark-up, and pays it directly to our suppliers.

Most General Service customers with monthly demand greater than 50 kW, who do not have a contract with a retailer, pay the wholesale electricity price and Global Adjustment electricity charge. Toronto Hydro collects both charges, without mark-up, on behalf of the Independent Electricity System Operator (IESO).

Customers with interval meters are charged the Hourly Ontario Energy Price (HOEP), which is the hourly price that is charged to Toronto Hydro, for their electricity consumption. Customers without interval meters are charged a weighted average hourly price based on consumption patterns of similar consumers. Customers may also choose a contract offered by a licensed electricity retailer.

Global Adjustment

Global Adjustment accounts for the differences between the market price of electricity and the rates paid to regulated and contracted generators for the electricity they produce. It also reflects the costs of conservation and demand management programs by both the IESO and Toronto Hydro. As a result, its value may be negative, depending on the fluctuation of prices in the spot market.

For medium and large businesses the Global Adjustment appears as a separate line on your bill. Please visit the OEB or the IESO for more details.

Under the Fair Hydro Act, 2017, if you are eligible for the 8% Provincial Rebate, you will share the benefit of reduced electricity bill as those customers under the Regulated Price Plan (RPP). Effective May 1, 2019, the Ontario Energy Board has set a credit of $41.49 per MWh, which will be incorporated into the Global Adjustment (GA) charge to reduce the amount of GA you would otherwise have paid. Toronto Hydro will apply this credit to your consumption on or after May 1, 2019 through to October 31, 2019.

Retailer Rates

You may choose to purchase your electricity by entering a contract with a licensed electricity retailer. The contract specifies a fixed electricity price for a set number of years. Unlike Toronto Hydro's rates, the fixed price is not regulated by the Ontario Energy Board (OEB). Please visit the OEB's Retail Energy Contracts website for more details.

Under the Fair Hydro Act, 2017, customers who are not billed on the Regulated Price Plan (RPP) but are otherwise eligible for the 8% Provincial Rebate, will share the benefit of reduced electricity bill as those customers under the Regulated Price Plan. Effective May 1, 2019, the Ontario Energy Board has set a credit of $41.49 per MWh, which will be incorporated into the Global Adjustment (GA) charge to reduce the amount of GA you would otherwise have paid. Toronto Hydro will apply this credit to your consumption on or after May 1, 2019 through to October 31, 2019.

Customer Charge

The Customer Charge, together with the Distribution Charge, covers the costs Toronto Hydro incurs in delivering electricity to your business, building and maintaining the distribution system, administration, and billing.

Charge: $35.80 per 30 days

Distribution Volumetric Rate

The Distribution Charge, together with the Customer Charge, covers the costs Toronto Hydro incurs to deliver electricity to your business, build and maintain the distribution system, administration and billing.

Charge: $0.03312 per kWh

Transmission Charges

The Transmission Charges are variable charges based on a per kWh or kW basis, depending on the rate class. These charges cover the costs involved in transmitting electricity from generators to the city. Toronto Hydro passes this cost through to you, without mark-up.

Charge:$0.01404 per kWh

Rate Rider for Smart Metering Entity Charge

On March 1, 2018 the Ontario Energy Board approved a decrease in Smart Metering Entity Charge to be collected from General Service < 50 kW customers effective April 1, 2018, on behalf of the Smart Meter Entity (SME). This charge, which is applied on a per 30 day basis, is charge recovers the costs incurred by the SME to collect, manage, store and retrieve information related to the metering of General Service < 50 kW customers’ electricity usage in Ontario.

Charge: $0.56 per 30 days

Rate Rider for Recovery of Stranded Meter Assets

This charge recovers stranded costs associated with removal of conventional meters and is collected from General Service < 50 kW and General Service 50-999 kW customers.

Charge: $1.55 per 30 days

Rate Rider for Disposition of LRAM Variance Account

This charge reflects variances between OEB-approved and actual conservation program results.

Charge: $(0.00020) per kWh

Rate Rider for Recovery of the Gain on the Sale of Named Properties

The charge recovers the difference between the estimated gains reflected in past rates and the actual gains achieved from the sale of properties.

Charge: $0.00013 per kWh

Rate Rider for Recovery of Hydro One Capital Contributions Variance

The recovery reflects the difference between amounts included in past rates for Hydro One capital payments and actual payments.

Charge: $0.00003 per kWh

Rate Rider for Application of IFRS – 2014 Derecognition

This charge reflects required changes in accounting rules affecting distribution rates.

Charge: $0.00049 per kWh

Rate Rider for Recovery of 2015 Foregone Revenue

The charge reflects the OEB approved costs to operate Toronto Hydro’s distribution system during 2015 that were not previously collected.

Charge: $0.79 per 30 days

Charge: $0.00076 per kWh

Rate Rider for Recovery of 2016 Foregone Revenue

This charge reflects the OEB approved costs to operate Toronto Hydro’s distribution system during the first two months of 2016 that were not previously collected.

Charge: $0.25 per 30 days

Charge: $0.00024 per kWh

Rate Rider for Disposition of Deferral/Variance Account

This charge or credit reflects the clearance of residual balances for accounts relating to variances for a number of energy related pass through costs.

Charge: $(0.00050) per kWh

Rate Rider for Disposition of Capacity Based Recovery (CBR) Variance Sub-Account

This charge recovers the difference between the cost of CBR program in the wholesale energy market and CBR amounts billed to Class B customers.

Charge: $0.00003 per kWh

Rate Rider for Disposition of Global Adjustment Variance Account (Non-RPP Customers)

This credit reflects the variance between Global Adjustment paid to the IESO and collected from customers. This Rate Rider only applies to customers who are not on the Regulated Price Plan (Non-RPP) and were Class B customers within 2016 period.

Charge: $0.00068 per kWh

Transmission Charges

The Transmission Charges are variable charges based on a per kWh or kW basis, depending on the rate class. These charges include the Network and Connection charge and cover the costs involved in transmitting electricity from generators to the city. Toronto Hydro passes this cost through to you, without mark-up.

Network

Charge: $2.6576 per Peak kW per 30 days

Connection

Charge: $2.3054 per Max. kW per 30 days

Customer Charges

Customer Charge

The Customer Charge, together with the Distribution Charge, covers the costs Toronto Hydro incurs in delivering electricity to your business, building and maintaining the distribution system, administration, and billing.

Charge: $51.50 per 30 days

Rate Rider for Recovery of Stranded Meter Assets

This charge recovers stranded costs associated with removal of conventional meters and is collected from General Service < 50 kW and General Service 50-999 kW customers.

Charge: $4.64 per 30 days

Rate Rider for Recovery of 2015 Foregone Revenue

The charge reflects the OEB approved costs to operate Toronto Hydro’s distribution system during 2015 that were not previously collected.

Charge: $1.01 per 30 days

Rate Rider for Recovery of 2016 Foregone Revenue

This charge reflects the OEB approved costs to operate Toronto Hydro’s distribution system during the first two months of 2016 that were not previously collected.

Charge: $0.30 per 30 days

Distribution Charges

Distribution Volumetric Rate

The Distribution Charge, together with the Customer Charge, covers the costs Toronto Hydro incurs to deliver electricity to your business, build and maintain the distribution system, administration and billing.

Charge: $8.1052 per kVA per 30 days

Rate Rider for Disposition of LRAM Variance Account

This charge reflects variances between OEB-approved and actual conservation program results.

Charge: $0.1948 per kVA per 30 days

Rate Rider for Recovery of the Gain on the Sale of Named Properties

The charge recovers the difference between the estimated gains reflected in past rates and the actual gains achieved from the sale of properties.

Charge: $0.0114 per kVA per 30 days

Rate Rider for Recovery of Hydro One Capital Contributions Variance

The recovery reflects the difference between amounts included in past rates for Hydro One capital payments and actual payments.

Charge: $0.0047 per kVA per 30 days

Rate Rider for Application of IFRS – 2014 Derecognition

This charge reflects required changes in accounting rules affecting distribution rates.

Charge: $0.0781 per kVA per 30 days

Rate Rider for Recovery of 2015 Foregone Revenue

The charge reflects the OEB approved costs to operate Toronto Hydro’s distribution system during 2015 that were not previously collected.

Charge: $0.1659 per kVA per 30 days

Rate Rider for Recovery of 2016 Foregone Revenue

This charge reflects the OEB approved costs to operate Toronto Hydro’s distribution system during the first two months of 2016 that were not previously collected.

Charge: $0.0498 per kVA per 30 days

Rate Rider for Disposition of Deferral/Variance Account

Charge: $0.2813 per kVA per 30 days

Rate Rider for Disposition of Deferral/Variance Account for Non-Wholesale Market Participant Customers

This charge or credit reflects the clearance of residual balances for accounts relating to variance for a number of energy related pass through costs for customers who are not wholesale market participants.

Charge: $(0.4734) per kVA per 30 days

Rate Rider for Disposition of Capacity Based Recovery Variance Sub-Account

This charge recovers the difference between the cost of CBR program in the wholesale energy market and CBR amounts billed to Class B customers.

Charge: $0.0105 per kVA per 30 days

Rate Rider for Disposition of Global Adjustment Variance Account (Applicable only for Non-RPP Customers)

This credit reflects the variance between Global Adjustment paid to the IESO and collected from customers. This Rate Rider only applies to customers who are not on the Regulated Price Plan (Non-RPP) and were Class B customers within 2016 period.

Charge: $0.00068 per kWh

Transformer Allowance for Ownership (if Applicable)

Transformer Allowance to those customers that own their transformation facilities. 

Charge: $(0.62) per kVA per 30 days

Transmission Charges

The Transmission Charges are variable charges based on a per kWh or kW basis, depending on the rate class. These charges include the Network and Connection charge and cover the costs involved in transmitting electricity from generators to the city. Toronto Hydro passes this cost through to you, without mark-up.

Network

Charge: $2.5677 per Peak kW per 30 days

Connection

Charge: $2.3030 per Max. kW per 30 days

Customer Charges

Customer Charge

The Customer Charge, together with the Distribution Charge, covers the costs Toronto Hydro incurs in delivering electricity to your business, building and maintaining the distribution system, administration, and billing.

Charge: $983.72 per 30 days

Rate Rider for Recovery of 2015 Foregone Revenue

The charge reflects the OEB approved costs to operate Toronto Hydro’s distribution system during 2015 that were not previously collected.

Charge: $18.89 per 30 days

Rate Rider for Recovery of 2016 Foregone Revenue

This charge reflects the OEB approved costs to operate Toronto Hydro’s distribution system during the first two months of 2016 that were not previously collected.

Charge: $5.48 per 30 days

Distribution Charges

Distribution Volumetric Rate

Distribution Charges

Charge: $6.3766 per kVA per 30 days

Rate Rider for Disposition of LRAM Variance Account

This charge reflects variances between OEB-approved and actual conservation program results.

Charge: $0.1251 per kVA per 30 days

Rate Rider for Recovery of the Gain on the Sale of Named Properties

The charge recovers the difference between the estimated gains reflected in past rates and the actual gains achieved from the sale of properties.

Charge: $0.0056 per kVA per 30 days

Rate Rider for Recovery of Hydro One Capital Contributions Variance

The recovery reflects the difference between amounts included in past rates for Hydro One capital payments and actual payments.

Charge: $0.0038 per kVA per 30 days

Rate Rider for Application of IFRS – 2014 Derecognition

This charge reflects required changes in accounting rules affecting distribution rates.

Charge: $0.0627 per kVA per 30 days

Rate Rider for Recovery of 2015 Foregone Revenue

The charge reflects the OEB approved costs to operate Toronto Hydro’s distribution system during 2015 that were not previously collected.

Charge: $0.1226 per kVA per 30 days

Rate Rider for Recovery of 2016 Foregone Revenue

This charge reflects the OEB approved costs to operate Toronto Hydro’s distribution system during the first two months of 2016 that were not previously collected.

Charge: $0.0356 per kVA per 30 days

Rate Rider for Disposition of Deferral/Variance Account

This charge or credit reflects the clearance of residual balances for accounts relating to variances for a number of energy related pass through costs.

Charge: $(0.2186) per kVA per 30 days

Rate Rider for Disposition of Capacity Based Recovery (CBR) Variance Sub-Account

This charge recovers the difference between the cost of CBR program in the wholesale energy market and CBR amounts billed to Class B customers.

Charge: $0.0114 per kVA per 30 days

Rate Rider for Disposition of Global Adjustment Variance Account

This credit reflects the variance between Global Adjustment paid to the IESO and collected from customers. This Rate Rider only applies to customers who are not on the Regulated Price Plan (Non-RPP) and were Class B customers within 2016 period.

Charge: $0.00068 per kWh

Transformer Allowance for Ownership (if Applicable)

Transformer Allowance to those customers that own their transformation facilities.

Charge: $(0.62) per kVA per 30 days

Transmission Charges

The Transmission Charges are variable charges based on a per kWh or kW basis, depending on the rate class. These charges include the Network and Connection charge and cover the costs involved in transmitting electricity from generators to the city. Toronto Hydro passes this cost through to you, without mark-up.

Network

Charge: $2.9271 per Peak kW per 30 days

Connection

Charge: $2.5587 per Max. kW per 30 days

Customer Charges

Customer Charge

The Customer Charge, together with the Distribution Charge, covers the costs Toronto Hydro incurs in delivering electricity to your business, building and maintaining the distribution system, administration, and billing.

Charge: $4, 342.23 per 30 days

Rate Rider for Recovery of 2015 Foregone Revenue

The charge reflects the OEB approved costs to operate Toronto Hydro’s distribution system during 2015 that were not previously collected.

Charge: $85.84 per 30 days

Rate Rider for Recovery of 2016 Foregone Revenue

This charge reflects the OEB approved costs to operate Toronto Hydro’s distribution system during the first two months of 2016 that were not previously collected.

Charge: $25.18 per 30 days

Distribution Charges

Distribution Volumetric Rate

The Distribution Charge, together with the Customer Charge, covers the costs Toronto Hydro incurs to deliver electricity to your business, build and maintain the distribution system, administration and billing.

Charge: $6.8407 per kVA per 30 days

Rate Rider for Disposition of LRAM Variance Account

This charge reflects variances between OEB-approved and actual conservation program results.

Charge: $0.2282 per kVA per 30 days

Rate Rider for Recovery of the Gain on the Sale of Named Properties

The charge recovers the difference between the estimated gains reflected in past rates and the actual gains achieved from the sale of properties.

Charge: $0.0044 per kVA per 30 days

Rate Rider for Recovery of Hydro One Capital Contributions Variance

The recovery reflects the difference between amounts included in past rates for Hydro One capital payments and actual payments.

Charge: $0.0039 per kVA per 30 days

Rate Rider for Application of IFRS – 2014 Derecognition

This charge reflects required changes in accounting rules affecting distribution rates.

Charge: $0.0648 per kVA per 30 days

Rate Rider for Recovery of 2015 Foregone Revenue

The charge reflects the OEB approved costs to operate Toronto Hydro’s distribution system during 2015 that were not previously collected.

Charge: $0.1382 per kVA per 30 days

Rate Rider for Recovery of 2016 Foregone Revenue

This charge reflects the OEB approved costs to operate Toronto Hydro’s distribution system during the first two months of 2016 that were not previously collected.

Charge: $0.0406 per kVA per 30 days

Rate Rider for Disposition of Deferral/Variance Account

Charge: $0.3397 per kVA per 30 days

Rate Rider for Disposition of Deferral/Variance Account for Non-Wholesale Market Participant Customers

This charge or credit reflects the clearance of residual balances for accounts relating to variances for a number of energy related pass through costs.

Charge: $(0.5628) per kVA per 30 days

Rate Rider for Disposition of Capacity Based Recovery (CBR) Variance Sub-Account

This charge recovers the difference between the cost of CBR program in the wholesale energy market and CBR amounts billed to Class B customers.

Charge: $0.0095 per kVA per 30 days

Rate Rider for Disposition of Global Adjustment Variance Account (Applicable only for Non-RPP Customers)

This credit reflects the variance between Global Adjustment paid to the IESO and collected from customers. This Rate Rider only applies to customers who are not on the Regulated Price Plan (Non-RPP) and were Class B customers within 2016 period.

Charge: $0.00068 per kWh

Transformer Allowance for Ownership (if Applicable)

Transformer Allowance to those customers that own their transformation facilities. 

Charge: $(0.62) per kVA per 30 days

Customer Charge

The Customer Charge, together with the Distribution Charge, covers the costs Toronto Hydro incurs in delivering electricity to your business, building and maintaining the distribution system, administration, and billing.

Charge: $7.14 per customer 30 days

Connection Charge

Charge: $0.74 per connection per 30 days

Distribution Volumetric Rate

The Distribution Charge, together with the Customer Charge, covers the costs Toronto Hydro incurs to deliver electricity to your business, build and maintain the distribution system, administration and billing.

Charge: $0.08971 per kWh

Transmission Charges

The Transmission Charges are variable charges based on a per kWh or kW basis, depending on the rate class. These charges cover the costs involved in transmitting electricity from generators to the city. Toronto Hydro passes this cost through to you, without mark-up.

Charge: $0.00926 per kWh

Rate Rider for Recovery of the Gain on the Sale of Named Properties

The charge recovers the difference between the estimated gains reflected in past rates and the actual gains achieved from the sale of properties.

Charge: $0.00029 per kWh

Rate Rider for Recovery of Hydro One Capital Contributions Variance

The recovery reflects the difference between amounts included in past rates for Hydro One capital payments and actual payments.

Charge: $0.00006 per kWh

Rate Rider for Application of IFRS – 2014 Derecognition

This charge reflects required changes in accounting rules affecting distribution rates.

Charge: $0.00092 per kWh

Rate Rider for Recovery of 2015 Foregone Revenue

The charge reflects the OEB approved costs to operate Toronto Hydro’s distribution system during 2015 that were not previously collected.

Charge: $0.16 per customer 30 days

Charge: $0.02 per connection per 30 days

Charge: $0.00203 per kWh

Rate Rider for Recovery of 2016 Foregone Revenue

This charge reflects the OEB approved costs to operate Toronto Hydro’s distribution system during the first two months of 2016 that were not previously collected.

Charge: $0.05 per customer 30 days

Charge: $0.01 per connection per 30 days

Charge: $0.00062 per kWh

Rate Rider for Disposition of Deferral/Variance Account

This charge or credit reflects the clearance of residual balances for accounts relating to variances for a number of energy related pass through costs.

Charge: $(0.00049) per kWh

Rate Rider for Disposition of Capacity Based Recovery Variance (CBR) Sub-Account

This charge recovers the difference between the cost of CBR program in the wholesale energy market and CBR amounts billed to Class B customers.

Charge: $(0.00003) per kWh

Rate Rider for Disposition of Global Adjustment Variance Account

This credit reflects the variance between Global Adjustment paid to the IESO and collected from customers. This Rate Rider only applies to customers who are not on the Regulated Price Plan (Non-RPP) and were Class B customers within 2016 period.

Charge: $0.00068 per kWh

Transmission Charges

The Transmission Charges are variable charges based on a per kWh or kW basis, depending on the rate class. These charges include the Network and Connection charge and cover the costs involved in transmitting electricity from generators to the city. Toronto Hydro passes this cost through to you, without mark-up.

Network

Charge: $2.3638 per Peak kW per 30 days

Connection

Charge: $2.7488 per Max. kW per 30 days

Customer Charges

The Customer Charge, together with the Distribution Charge, covers the costs Toronto Hydro incurs in delivering electricity to your business, building and maintaining the distribution system, administration, and billing.

Service charge (per device)

Charge: $1.61 per device 30 days

Distribution Charges

Distribution Volumetric Rate

The Distribution Charge, together with the Customer Charge, covers the costs Toronto Hydro incurs to deliver electricity to your business, build and maintain the distribution system, administration and billing.

Charge: $35.7759 per kVA per 30 days

Rate Rider for Recovery of the Gain on the Sale of Named Properties

The charge recovers the difference between the estimated gains reflected in past rates and the actual gains achieved from the sale of properties.

Charge: $0.0741 per kVA per 30 days

Rate Rider for Recovery of Hydro One Capital Contributions Variance

The recovery reflects the difference between amounts included in past rates for Hydro One capital payments and actual payments.

Charge: $0.0312 per kVA per 30 days

Rate Rider for Application of IFRS – 2014 Derecognition

This charge reflects required changes in accounting rules affecting distribution rates.

Charge: $0.5133 per kVA per 30 days

Rate Rider for Recovery of 2016 Foregone Revenue

This charge reflects the OEB approved costs to operate Toronto Hydro’s distribution system during the first two months of 2016 that were not previously collected.

Charge: $0.0478 per kVA per 30 days

Rate Rider for Disposition of Deferral/Variance Account

This charge or credit reflects the clearance of residual balances for accounts relating to variances for a number of energy related pass through costs.

Charge: $(0.1687) per kVA per 30 days

Rate Rider for Disposition of Capacity Based Recovery Variance Sub-Account

This charge recovers the difference between the cost of CBR program in the wholesale energy market and CBR amounts billed to Class B customers.

Charge: $0.0092 per kVA per 30 days

Rate Rider for Disposition of Global Adjustment Variance Account

This credit reflects the variance between Global Adjustment paid to the IESO and collected from customers. This Rate Rider only applies to customers who are not on the Regulated Price Plan (Non-RPP) and were Class B customers within 2016 period.

Charge: $0.00068 per kWh

Wholesale Market Service Charge

This charge covers costs such as market regulation and the management of the system. Toronto Hydro collects this charge, without mark-up, on behalf of the Independent Electricity System Operator.

Charge: $0.0035 per kWh

Capacity Based Recovery (CBR) – Applicable for Class B Customers

Charge: $0.0004 per kWh

Standard Supply Service – Administration Charge (if applicable)

This is an administration charge of $0.25 stated on a 30-day basis. If your billing period is different than 30 days, the RPP administration charge will be prorated accordingly. This is a service charge for customers who have not contracted with an electricity retailer for their energy supply.

Charge: $0.25 per 30 days

As a customer, you may receive charges for other specific services. View a list of specific service charges that may be applied to your bill statement.

On January 1, 2017, your electricity costs went down 8%.

Ontario’s government is reducing electricity costs by rebating an amount equal to the provincial portion of the HST on your monthly hydro bill. That’s an 8% rebate for Ontario families, and on average will mean $130 more in your pocket each year. This is part of Ontario’s plan to help people with the costs of everyday living by reducing electricity costs. Across Ontario, about five million residential consumers, farms and small businesses will benefit from this rebate. Toronto Hydro has implemented these savings onto your bill on January 1, 2017.

For additional information on the 8% Provincial Rebate, please visit the Ministry of Energy.

Effective July 1, 2010, Harmonized Sales Tax (HST) of 13% is applied to electricity bills. The implementation of HST is mandated by the Province of Ontario. For information on HST, please visit the Ontario Ministry of Revenue or call the HST hotline at 1-800-337-7222.

These charges are applied to current customers who have an unmetered electric water heater billed by Toronto Hydro on a flat rate basis. Toronto Hydro no longer offers this flat rate billing option for new customers.

As of May 1, 2002, flat rate (unmetered) water heater energy usage is billed on an estimated average daily kWh basis. Your estimated usage is determined by the size of your water heater, the wattage of the water heater electric elements and on the number of days in the billing period. If you have an unmetered electric water heater, you’re being billed on the higher tiered rate of the Regulated Price Plan.

If you have any questions, please contact us by filling out our online form or speak with one of our Customer Care representatives at 416-542-8000.