Time-of-Use Rates for Electricity

Most residential and small business customers have a smart meter and pay Time‐of-Use (TOU) rates for electricity. There are three TOU price periods: On-peak, Mid-peak, and Off-peak. TOU price periods change twice a year in summer (May 1 to October 31) and in winter (November 1 to April 30).

The electricity you use from 7 p.m. to 7 a.m. every day, and all day on weekends and holidays, is the lowest TOU price all year round. With TOU pricing, you can help manage your electricity costs by shifting your usage to lower price periods when possible.

TOU rates are set by the Ontario Energy Board.

• For Time-of-Use Pricing, Tiered Pricing, and Ultra-Low Overnight Pricing, Alectra Utilities passes this cost through to you, without mark-up, and pays it directly to our suppliers.
• Customers who have signed a contract with an energy retailer pay the price stated in their contract plus the Global Adjustment.

Residential and Small Business customers can choose from three pricing options: Time-of-Use Pricing, Tiered Pricing, or Ultra-Low Overnight Pricing. 

You can find more information on how to Choose Your Rate Option to help you make an informed choice about which electricity price plan is right for you.

Current Rates - May 1, 2025 to October 31, 2025

The chart below shows the Time-of-Use rates effective May 1, 2025:

Time-of-Use Rates	Pricing
Off-Peak - 7 p.m. to 7 a.m. and all day weekends and holidays	7.6¢ per kilowatt hour
Mid-Peak - 7 a.m to 11 a.m. and 5 p.m. to 7 p.m.	12.2¢ per kilowatt hour
On-Peak - 11 a.m. to 5 p.m.	15.8¢ per kilowatt hour

Previous Rates - November 1, 2024 to April 30, 2025

The chart below shows the Time-of-Use rates effective November 1, 2024: Time-of-Use Rates Pricing  Off-Peak - 7 p.m. to 7 a.m. and all day weekends and holidays 7.6¢ per kilowatt hour  Mid-Peak - 11 a.m to 5 p.m. 12.2¢ per kilowatt hour  On-Peak - 7 a.m. to 11 a.m. and 5 p.m. to 7 p.m. 15.8¢ per kilowatt hour

Find more historical electricity prices at the Ontario Energy Board.