⚡ Ontario — Provincial Electricity Guide

Ontario Electricity Rates 2026

Canada's most complex electricity pricing — Time-of-Use or Tiered, your choice. Here's what you actually pay and how solar stacks up.

📅 Updated: July 1, 2026 ⏱ 12 min read ✅ 2026 OEB rates verified
On-Peak Rate
18.2¢
7–11am, 5–7pm weekdays
Mid-Peak Rate
12.2¢
11am–5pm weekdays
Off-Peak Rate
8.7¢
evenings, weekends
Blended All-In
~17.0¢
incl. delivery + OER
Solar Payback
12–15 yrs
10 kW system
25-Year Savings
$17,000+
vs grid power
📋 Table of Contents
  1. Current Ontario Electricity Rates (2026)
  2. TOU vs Tiered Pricing — Which is Right for You?
  3. Ontario Electricity Rebate (OER) Explained
  4. Local Distribution Companies in Ontario
  5. Solar Savings Potential in Ontario
  6. Monthly Bill Estimates
  7. Ontario Solar Irradiance by Month
  8. Net Metering in Ontario
  9. Rate Trends 2020–2026
  10. Frequently Asked Questions
  11. Compare Other Provinces

Ontario has Canada's most complex residential electricity pricing. Unlike other provinces that use a single flat rate, Ontario residents choose between Time-of-Use (TOU) pricing — where rates vary by time of day — or Tiered pricing, with a flat rate up to a monthly threshold. On top of that, a provincial government rebate (the Ontario Electricity Rebate) reduces bills by 11.7%. The all-in blended rate works out to approximately 17.0¢/kWh for a typical household, placing Ontario solidly in moderate solar ROI territory.

Current Ontario Electricity Rates (2026)

Ontario's commodity rates are set by the Ontario Energy Board (OEB) and adjusted twice yearly — May 1 and November 1. Delivery charges are set separately by each Local Distribution Company (LDC) and vary by region.

Time-of-Use (TOU) Rates — May 1 to October 31, 2026

🕐 Summer TOU Schedule (Weekdays)
7:00 AM – 11:00 AM
On-Peak — 18.2¢/kWh
11:00 AM – 5:00 PM
Mid-Peak — 12.2¢/kWh
5:00 PM – 7:00 PM
On-Peak — 18.2¢/kWh
7:00 PM – 7:00 AM
Off-Peak — 8.7¢/kWh
Weekends & Holidays
Off-Peak all day — 8.7¢/kWh

Tiered Rates (Alternative Option)

Tier Rate Summer Threshold Winter Threshold
Tier 1 ~10.3¢/kWh First 600 kWh/month First 1,000 kWh/month
Tier 2 ~12.5¢/kWh Above 600 kWh/month Above 1,000 kWh/month

Full Bill Breakdown at 1,000 kWh/month

Bill Component Approximate Amount Notes
Commodity charge (TOU blended) ~$110–$130 Depends on when you use electricity
Delivery charge ~$60–$85 Varies significantly by LDC
Regulatory charges ~$3–$5 IESO, OEB admin, etc.
Ontario Electricity Rebate (OER) ~-$20 to -$25 11.7% credit applied pre-HST
HST (13%) ~$19–$25 Applied after OER credit
Total all-in bill ~$170 ~17.0¢/kWh blended

⚠️ Delivery Charges Matter: Ontario's delivery charges are among the highest in Canada and vary significantly by LDC. Hydro One customers in rural Ontario can pay delivery charges of 8–12¢/kWh — nearly matching the commodity cost. Toronto Hydro customers typically pay 5–7¢/kWh in delivery. Always check your specific LDC's delivery rates when calculating solar ROI.

TOU vs Tiered Pricing — Which is Right for You?

Since 2021, Ontario customers can choose their pricing structure. The right choice depends on your lifestyle and when you use electricity.

⏰ Choose TOU if you:

✓ Work from home and do laundry/dishwasher in the afternoon
✓ Own an EV and charge overnight (8.7¢ off-peak)
✓ Are retired and home during off-peak hours
✓ Can shift most heavy loads to evenings and weekends
✓ Have a programmable thermostat

📊 Choose Tiered if you:

✓ Work in an office 9–5 (low daytime home usage)
✓ Have predictable low consumption (under 600 kWh/month summer)
✓ Don't want to think about when you use electricity
✓ Have young children at home with unpredictable schedules
✓ Use less than 1,000 kWh/month in winter

How TOU Affects Solar Value

Solar panels produce electricity from roughly 8am to 5pm — which overlaps significantly with Ontario's On-Peak and Mid-Peak TOU windows on weekdays. This means your solar generation directly displaces your most expensive electricity:

Solar Production Window TOU Period Rate Displaced Value to You
7am – 11am (weekdays) On-Peak 18.2¢/kWh Highest value generation
11am – 5pm (weekdays) Mid-Peak 12.2¢/kWh Good value — peak solar hours
5pm – 7pm (weekdays) On-Peak 18.2¢/kWh Limited production (late sun)
Weekends (all day) Off-Peak 8.7¢/kWh Lower value generation

💡 TOU Solar Tip: On weekdays, the bulk of Ontario solar production (roughly 9am–4pm) falls in Mid-Peak and On-Peak windows — displacing electricity at 12.2¢–18.2¢/kWh. This makes TOU pricing slightly more favourable for solar owners than Tiered pricing, where savings are capped at ~10.3–12.5¢/kWh regardless of time.

🚗 Ultra-Low Overnight (ULO) Rate — New Option: Ontario also offers a third option for EV owners: Ultra-Low Overnight pricing. ULO overnight rate drops to approximately 2.8¢/kWh (11pm–7am) specifically for EV charging. This is separate from your home electricity plan and requires a separate meter or sub-meter. If you have both solar and an EV, combining solar (for daytime grid offset) with ULO overnight charging can dramatically reduce your total energy costs.

Ontario Electricity Rebate (OER) Explained

The Ontario Electricity Rebate is a provincial subsidy that appears as a credit on every Ontario hydro bill. As of 2026, it reduces your pre-HST electricity costs by 11.7%.

What it is
A provincial subsidy to offset the cost of the Global Adjustment — the accumulated cost of Ontario's contracted renewable energy, nuclear refurbishments, and conservation programs.

How it appears
As a line item credit on your monthly bill, calculated as 11.7% of your electricity charges before HST. It's automatic — no application required.

Solar impact
The OER reduces your effective savings rate from solar slightly. Calculate solar ROI using your post-OER blended rate (~17.0¢/kWh), not the pre-OER commodity rate.

Local Distribution Companies (LDCs) in Ontario

Ontario has over 60 local electricity distributors — each setting their own delivery charges on top of the OEB commodity rate. Here are the major ones:

Hydro One
Rural and suburban Ontario — largest by geography. Higher delivery charges (~8–12¢/kWh).
Toronto Hydro
City of Toronto. Dense urban network with lower delivery charges (~5–7¢/kWh).
Alectra Utilities
Brampton, Mississauga, Markham, Guelph, Hamilton and surrounding areas.
Hydro Ottawa
Ottawa and Casselman. Mid-range delivery charges (~6–8¢/kWh).
London Hydro
City of London and surrounding area.
Enova Power
Waterloo Region and Cambridge.

⚠️ Hydro One Rural Customers — Higher Solar ROI: Hydro One's rural delivery charges are among the highest in Ontario. For customers paying 10–12¢/kWh in delivery charges on top of commodity costs, the effective all-in rate can reach 20–22¢/kWh — significantly improving solar payback periods compared to urban Ontario averages.

Solar Savings Potential in Ontario

At Ontario's blended rate of ~17.0¢/kWh, solar payback periods are moderate at 12–15 years for typical grid-tied systems. However, rural Hydro One customers with high delivery charges, and TOU customers who self-consume during peak hours, can see meaningfully better returns.

System / Scenario Annual Production Annual Savings Est. System Cost Payback
5 kW — Toronto (urban) ~6,000 kWh/yr ~$1,020/yr at 17.0¢ ~$15,000–$20,000 15–20 years
10 kW — Toronto (urban) ~12,000 kWh/yr ~$2,040/yr at 17.0¢ ~$25,000–$32,000 12–16 years
10 kW — Rural Hydro One ~12,000 kWh/yr ~$2,520/yr at ~21¢ ~$25,000–$32,000 10–13 years
10 kW — TOU On-Peak optimised ~12,000 kWh/yr ~$2,400/yr (higher peak savings) ~$25,000–$32,000 10–13 years
Off-Grid (Northern Ontario) Eliminates grid entirely Full bill + connection cost avoided ~$30,000–$60,000 Highly variable

*Based on Toronto irradiance (1,440 kWh/kW/year). Assumes 3% annual rate increases and 0.5%/year panel degradation. Rural Hydro One estimate uses 21¢/kWh effective rate.

🌲 Northern Ontario Off-Grid Opportunity: Thousands of Ontario cottages, camps, and remote properties rely on diesel generators or have no electricity at all. In Northern Ontario, solar paired with battery storage is increasingly the most cost-effective solution — eliminating diesel fuel costs and providing year-round reliable power without the expense of grid line extensions that can reach $30,000–$100,000+.

Monthly Bill Estimates for Ontario Households

Household Type Monthly Usage Est. Monthly Bill (Urban) Est. Monthly Bill (Rural Hydro One)
Apartment / condo 300–500 kWh ~$60–$90 ~$75–$110
Small home / townhouse 500–800 kWh ~$90–$135 ~$110–$165
Average Ontario home ~800–1,000 kWh ~$130–$170 ~$160–$210
Larger home / electric heat 1,500–2,500 kWh ~$230–$370 ~$285–$460
Rural property / well pump / EV 2,000–4,000 kWh ~$305–$595 ~$380–$740

📈 Rate Outlook: Ontario electricity bills have risen approximately 26% since 2020 — more moderate than Alberta or Saskatchewan, but still significant. Ongoing nuclear refurbishments at Pickering and Darlington, plus continued grid modernization, are expected to drive further increases of 3–5% annually through 2030. The Ontario Electricity Rebate rate may also be adjusted by the provincial government.

Ontario Solar Irradiance by Month

The chart below shows estimated daily solar production per kW of installed capacity in Toronto. Southern Ontario (Windsor, Niagara) produces approximately 5% more annually. Northern Ontario (Sudbury, Thunder Bay) produces slightly less.

January
1.8 kWh/day
February
3.0 kWh/day
March
3.8 kWh/day
April
4.8 kWh/day
May
5.5 kWh/day
June
6.2 kWh/day
July
6.2 kWh/day
August
5.6 kWh/day
September
4.6 kWh/day
October
3.3 kWh/day
November
2.1 kWh/day
December
1.5 kWh/day
🔵 Winter (Dec–Feb): avg 2.1 kWh/day 🟢 Spring/Fall: avg 3.5–4.7 kWh/day 🟡 Summer (Jun–Aug): avg 6.0 kWh/day

❄️ Winter Planning Note: Ontario winters reduce solar production by approximately 65% compared to summer peak. Off-grid systems in Ontario should size for 4–5 days of battery autonomy in December and January, and most Northern Ontario off-grid installations include a propane or diesel backup generator for extended cloudy periods.

→ Use our Solar Panel Calculator with Ontario's winter peak sun hours to properly size your system.

Net Metering in Ontario

Ontario's net metering regulation allows customers with systems up to 500 kW to offset their electricity consumption with solar generation and receive credits for surplus exported power.

⚠️ Credit Rate
Unlike BC Hydro, Ontario net metering credits are applied at the commodity rate only — not the full all-in retail rate including delivery. This means exported electricity earns you less per kWh than electricity you self-consume. Always prioritise sizing your system to match consumption, not to maximise exports.

✅ Annual Settlement
Credits accumulate monthly. An annual settlement each October pays out any remaining credits at the commodity rate — so unlike Alberta, you don't lose unused credits. Apply through your local LDC (Hydro One, Toronto Hydro, etc.).

ℹ️ TOU and Net Metering: If you're on TOU pricing, electricity you export during On-Peak hours (18.2¢) earns a higher commodity credit than electricity exported during Off-Peak hours (8.7¢). This creates an incentive to self-consume during off-peak periods and maximise exports during peak windows — the opposite of what most households do naturally. A home battery storage system can optimise this if you want to pursue it actively.

Year TOU On-Peak TOU Off-Peak Blended All-In Year-over-Year
2020 ~13.0¢ ~6.5¢ ~13.5¢
2021 ~14.4¢ ~7.4¢ ~14.0¢ +3.7%
2022 ~15.1¢ ~7.7¢ ~14.5¢ +3.6%
2023 ~16.2¢ ~8.2¢ ~15.5¢ +6.9%
2024 ~17.0¢ ~8.5¢ ~16.0¢ +3.2%
2025 ~17.6¢ ~8.7¢ ~16.5¢ +3.1%
2026 (current) 18.2¢ 8.7¢ ~17.0¢ +3.0%

*Blended all-in rates include commodity, delivery, regulatory charges, and OER rebate. Historical figures are approximate. TOU rates shown are summer season rates.

📈 26% increase since 2020: Ontario's electricity rates have risen at a moderate pace compared to Alberta and Saskatchewan, largely because the Ontario Electricity Rebate has offset some increases. Ongoing nuclear refurbishments at Darlington (extending life to 2055) and Pickering (refurbishment approved 2026), combined with continued grid modernization, are expected to drive 3–4% annual increases through 2030.

Frequently Asked Questions — Ontario Electricity

What is the current electricity rate in Ontario?

Ontario's 2026 TOU commodity rates are On-Peak 18.2¢/kWh (7–11am and 5–7pm weekdays), Mid-Peak 12.2¢/kWh (11am–5pm weekdays), and Off-Peak 8.7¢/kWh (evenings and weekends). Tiered rates are approximately 10.3¢/kWh (Tier 1) and 12.5¢/kWh (Tier 2). Including delivery charges and after the Ontario Electricity Rebate, the all-in blended rate averages approximately 17.0¢/kWh for a household using 1,000 kWh/month.

Should I choose TOU or Tiered pricing in Ontario?

It depends on your lifestyle. TOU pricing benefits people who can shift laundry, dishwashers, and EV charging to evenings and weekends (off-peak at 8.7¢). Tiered pricing suits those with predictable low consumption who don't want to manage when they use electricity. You can switch between plans once per year through your LDC. For solar owners, TOU is generally slightly more favourable as solar production overlaps with On-Peak and Mid-Peak windows on weekdays.

What is the Ontario Electricity Rebate?

The Ontario Electricity Rebate (OER) is a provincial government credit that reduces electricity bills by 11.7% before HST is applied. It was introduced to offset the Global Adjustment — the accumulated cost of Ontario's long-term contracts for renewable energy, nuclear refurbishments, and conservation programs. The OER appears automatically on your monthly bill as a credit line item. No application is needed.

Is solar worth it in Ontario?

For most urban Ontario homeowners, grid-tied solar payback periods of 12–15 years are reasonable but not exceptional. Solar is most valuable for: (1) Rural Hydro One customers with high delivery charges (effective rates 20–22¢/kWh); (2) TOU customers who self-consume during On-Peak windows; and (3) Northern Ontario off-grid properties where grid connection costs are prohibitive. Use our Solar ROI Calculator to model your specific situation.

Does Ontario have net metering for solar?

Yes. Ontario's net metering regulation covers systems up to 500 kW. Excess electricity exported to the grid earns credits at the commodity rate (not full retail including delivery). Credits carry forward and an annual settlement occurs in October. Apply through your local LDC — Hydro One, Toronto Hydro, Alectra, Hydro Ottawa, or your local utility. Note that net metering credits only offset the commodity portion of your bill, not delivery charges.

Why is Ontario electricity more expensive than Manitoba or Quebec?

Manitoba and Quebec benefit from abundant, already-amortized hydroelectric power built decades ago — giving them some of the world's lowest electricity rates. Ontario's grid is more diverse: it includes nuclear power (which requires expensive refurbishments), contracted renewables (wind, solar) from the Green Energy Act era, and natural gas peaking plants. The Global Adjustment mechanism recovers these above- market costs from ratepayers, inflating Ontario's rates relative to hydro-rich provinces.

How does Ontario's rate compare to other Canadian provinces?

At ~17.0¢/kWh blended, Ontario ranks in the middle of Canadian provinces — below Alberta (22.9¢), Nunavut (35.4¢), NWT (25–34¢), PEI (19.7¢), Nova Scotia (19.1¢), and Saskatchewan (18.6¢), but above New Brunswick (15.4¢), Newfoundland (15.8¢), BC (10.97¢–14.08¢), Manitoba (10.6¢), and Quebec (8.3¢). See our full Canada comparison for the complete breakdown.

Compare Other Provincial Electricity Rates

See how Ontario's ~17.0¢/kWh stacks up against every other province and territory.

Data Sources & Methodology

Ontario electricity rate data sourced from the Ontario Energy Board (OEB) Regulated Price Plan rate orders effective May 1, 2026. Delivery charges are representative averages — actual charges vary by Local Distribution Company. Blended all-in rates include commodity, average delivery, regulatory charges, Ontario Electricity Rebate (11.7%), and 13% HST at 1,000 kWh/month consumption. Solar irradiance data derived from NASA POWER database for Toronto (43.65°N, 79.38°W). Savings estimates assume 3% annual rate increases and 0.5%/year panel degradation. Historical TOU rate figures are approximate based on OEB rate orders. All figures in Canadian dollars.

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