Commercial Electricity Rates

Residential and small business customers can choose between a Time-of-Use (TOU), Ultra Low Overnight (ULO), or Tiered pricing structure.

There are three options: Time-of-Use (TOU), Ultra Low Overnight (ULO), and Tiered.

With TOU and ULO pricing, you can help manage your electricity costs by shifting your usage to lower off-peak periods when possible. The price you pay for electricity depends on when you use it. Under Tiered pricing, you can use a certain amount of electricity each month at a lower price, and one that limit is exceeded, a higher price applies.

For more information on Time-of-Use, Ultra Low Overnight, and Tiered pricing, and tools to help you decide which price structure is right for you, please visit. www.oeb.ca/choice.

Forms to select/change your pricing preference are available here: or Download PDF

Tiered Price

A small number of customers are on the pricing system, known as Tiered Pricing. The charges for these customers, effective November 1, 2024 - April 30, 2025 are:

Up to 750 kWh/per month	$/kWh	9.3 ¢/kWh
Consumption beyond 750 kWh/per month	$/kWh	11.0 ¢/kWh

General Service customers with consumption in excess of 250,000 kWh are subject to hourly electricity pricing. Customers with an interval meter pays the hourly spot price; customers who do not have an interval meter pay the weighted wholesale price. In addition, a customer on hourly electricity pricing has a separate line item on their bill called global adjustment. For more information on electricity pricing, please refer to the IESO website at www.ieso.ca.

Energy and Water Reporting and Benchmarking (EWRB) Best Practices Guide

The guide was developed based on best benchmarking practices with input from LDCs and is intended to assist with a range of EWRB related topics. It includes items like data request templates, general tips and tricks, and a section on frequently asked questions. View full guide.