Residential rate change

Information about the recent rate 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 Ontario Energy Board (OEB).

 

Rate change questions

Will these rate changes occur every year?

  • 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
  • Updates to Regulatory Charges are set by the OEB and apply to all utilities

What is the Delivery Charge?

The Delivery Charge represents the cost of getting power from generators to your home, and ensuring electricity is available when you need it. These charges include costs from transmission companies such as Hydro One, as well as costs from us (Toronto Hydro). Our portion of your bill is invested into the local distribution grid to maintain safety and reliability of our infrastructure, help support a growing city, and enable us to plan for and respond to extreme weather.

How is the Delivery Charge set?

Currently, the OEB requires that the Delivery Charge is partially based on your electricity consumption. That means that if you’re away from your home and your electricity usage drops, your delivery charge may not decrease as much as you would expect, since part of this charge is fixed and will remain the same from month to month. The fixed portion of the charge helps cover the costs of the poles and wires that are available 24/7 to deliver electricity to your home, on demand.

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 are investing

Rate change impact

As of May 1, 2019, for an average residential customer who is on Time-of-Use (TOU) prices and consumes 750 kWh per month, the effect of the new rates will result in an average increase on the total bill of approximately $0.28 per month or 0.2% per month (HST and 8% Provincial Rebate are not included).

The bill amount of a TOU customer using the same amount of energy every month may vary significantly depending on energy usage patterns. Please refer to Residential rate impact tables for more detailed information.

Conservation can help you manage your electricity costs. View our energy saving tips.

RPP TOU Pricing: Average Monthly Bill Impacts Based on May 1, 2019 Change in Electricity Charges

Monthly Consumption Before May 1, 2019 After May 1, 2019 ($) Impact (%) Impact
400 kWh $84.59 $84.73 $0.15 0.2%
750 kWh $123.32 $123.60 $0.28 0.2%
1,500 kWh $206.31 $206.87 $0.56 0.3%
2,000 kWh $261.65 $262.39 $0.75 0.3%

*HST and 8% Provincial Rebate are not included

Important notes:

  • Sample calculations reflect the impact of the May 1, 2019 change in Electricity charges.
  • For “Total Bill before May 1, 2019” - November 1, 2018 electricity prices under RPP Time-of-Use and for “Total Bill after May 1, 2019” - May 1, 2019 electricity prices under RPP Time-of-Use are used for sample bill calculations
  • Calculations are based on the assumption that a customer has the following pattern of energy usage: 65 per cent of monthly energy during off-peak periods; 17 per cent during mid-peak periods and 18 per cent during on-peak periods.

As of May 1, 2019, for an average residential customer who is signed with an energy retailer and consumes 750 kWh per month, the effect of the new rates will result in an average increase on the total bill of approximately $2.25 per month or 1.9% per month (HST and 8% Provincial Rebate are not included).

Signed with an energy Retailer: Average Monthly Bill Impacts Based on May 1, 2019 change in Electricity Charges

Monthly Consumption Before May 1, 2019 After May 1, 2019 ($) Impact (%) Impact
400 kWh $80.47 $81.67 $1.20 1.5%
750 kWh $115.82 $118.07 $2.25 1.9%
1,500 kWh $191.57 $196.07 $4.50 2.4%
2,000 kWh $242.07 $248.07 $6.00 2.5%

*HST and 8% Provincial Rebate are not included

Important notes:

  • Sample calculations reflect the impact of the May 1, 2019 change in Global Adjustment modifier as part of electricity charges.
  • Estimated retailer rates was used for sample Residential bill impacts enrolled with a retailer. As a result, bill impacts may vary from the rate agreed with your retailer.

As of May 1, 2019,Competitive Sector Multi-unit Residential customers who are on Time-of-Use (TOU) prices and consume 300 kWh per month, will see an average increase on the total bill of approximately $0.11 per month or 0.2% per month (HST and 8% Provincial Rebate are not included).

The bill amount of a Time-of-Use customer using the same amount of energy every month may vary significantly depending on energy usage patterns. Please refer to Competitive Sector Multi-unit Residential rate impact tables for more detailed information.

RPP TOU Pricing: Average Monthly Bill Impacts Based on May 1, 2019 Change in Electricity Charges

Monthly Consumption Before May 1, 2019 After May 1, 2019 ($) Impact (%) Impact
200 kWh $54.68 $54.75 $0.07 0.1%
300 kWh $66.06 $66.18 $0.11 0.2%
600 kWh $100.23 $100.45 $0.22 0.2%
800 kWh $123.01 $123.31 $0.30 0.2%

*HST and 8% Provincial Rebate are not included

Important notes:

  1. Sample calculations reflect the impact of May 1, 2019 change in electricity charges.
  2. For “Total Bill before May 1, 2019” - November 1, 2018 electricity prices under RPP Time-of-Use and for “Total Bill after May 1, 2019” - May 1, 2019 electricity prices under RPP Time-of-Use are used for sample bill calculations.
  3. Calculations are based on the assumption that a customer has the following pattern of energy usage: 65 per cent of monthly energy during off-peak periods; 17 per cent during mid-peak periods and 18 per cent during on-peak periods.