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.

Green Lightbulb

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 - November 1, 2024 to April 30, 2025

The chart below shows the Time-of-Use rates effective November 1, 2024:

Time-of-Use RatesPricing
Green Time-of-Use Off Peak Off-Peak - 7 p.m. to 7 a.m. and all day weekends and holidays 7.6¢ per kilowatt hour
Yellow Time-of-Use Mid-Peak Mid-Peak - 11 a.m to 5 p.m. 12.2¢ per kilowatt hour
Red Time-of-Use On-Peak On-Peak - 7 a.m to 11 a.m. and 5 p.m. to 7 p.m.

15.8¢ per kilowatt hour

Previous Rates - May 1 to October 31, 2024

The chart below shows the Time-of-Use rates effective May 1, 2024:

Time-of-Use RatesPricing
Green Time-of-Use Off Peak Off-Peak - 7 p.m. to 7 a.m. and all day weekends and holidays 8.7¢ per kilowatt hour
Yellow Time-of-Use Mid-Peak Mid-Peak - 7 a.m to 11 a.m. and 5 p.m. to 7 p.m. 12.2¢ per kilowatt hour
Red Time-of-Use On-Peak On-Peak - 11 a.m. to 5 p.m.

18.2¢ per kilowatt hour

Previous Rates - November 1, 2023 to April 30, 2024

The chart below shows the Time-of-Use rates effective November 1, 2023:

Time-of-Use RatesPricing
Green Time-of-Use Off Peak Off-Peak - 7 p.m. to 7 a.m. and all day weekends and holidays 8.7¢ per kilowatt hour
Yellow Time-of-Use Mid-Peak Mid-Peak - 11 a.m to 5 p.m. 12.2¢ per kilowatt hour
Red Time-of-Use On-Peak On-Peak - 7 a.m. to 11 a.m. and 5 p.m. to 7 p.m.

18.2¢ per kilowatt hour

Find more historical electricity prices at the Ontario Energy Board.