Ontario Energy Board sets new electricity prices for households and small businesses

Date

New RPP prices starting May 1, 2021*

The new RPP TOU prices set by the OEB for May 1, 2021 are shown in the table below. The table also shows the hours during which those prices apply:

Summer TOU Price PeriodsMay 1, 2021 TOU Prices
Off-Peak  (Weekdays 7 p.m. – 7 a.m., all day weekends and holidays)8.2 ¢/kWh
Mid-Peak  (Weekdays 7 a.m. – 11 a.m. and 5 p.m. – 7 p.m.)11.3 ¢/kWh
On-Peak  (Weekdays 11 a.m. – 5 p.m.)17.0 ¢/kWh

The table below shows the new RPP Tier prices and summer Tier threshold that apply to residential customers paying Tiered prices:

 Summer Tier ThresholdsMay 1, 2021 Tiered Prices
Tier 1Residential – first 600 kWh/month Non-residential – first 750 kWh/month9.8 ¢/kWh
Tier 2Residential – for electricity used above 600 kWh/month Non-residential – for electricity used above 750 kWh/month11.5 ¢/kWh

*Prices exclude the Ontario Electricity Rebate (OER) that provides eligible consumers a 18.9% rebate from the province on the  subtotal of their electricity bill.

Visit the Ontario Energy Board website for more information.