Residential Electricity Rates

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RESIDENTIAL ELECTRICITY RATES:

Information about Customer Choice rate selection
Electricity rates for November 1, 2022 to December 31, 2022
Electricity rates for January 1, 2023 to April 30, 2023
Our Tariff of Rates and Charges Effective January 1, 2023
Decision Order for Regulatory Charges Effective January 1, 2023
Information regarding Time-of-Use rates and details

WINTER 2022 ELECTRICITY RATES

Winter electricity rates begin on Tuesday, November 1, 2022 and will be in place until April 30, 2023. Beginning November 1, 2022 the Ontario government's Ontario Electricity Rebate is now 11.7%.

Customers paying Time-of-Use prices can now choose to switch to Tiered Prices. Customer Choice

TIME-OF-USE PRICING

Breakdown for Time of Use Winter Rates. Off peak is 7.4 cents, Mid Peak is 10.2 cents and On Peak is 15.1 cents.

TIERED PRICING

Breakdown of Winter Tiered Pricing. For Residential, the first 1,000 KwH is 8.7 cents and above 1,000 kwh, it is 10.3 cents. For Small Business, the first 750 kwh, it is 8.7 cents and above 750 kwh, it is 10.3 cents.

TIME OF USE INFORMATION

2023 Holiday Schedule for Smart Meters - Customers will be charged the Off-Peak electricity price during all recognized holidays. 

The electricity rates charged to residential customers of Niagara Peninsula Energy Inc are set by the Ontario Energy Board (OEB). In general, the rates set by the OEB recover two types of costs - the cost of generating the electricity and the cost of delivery the electricity to your residence. For more detailed information on how electricity rates are established, visit the Ontario Energy Board's website at www.ontarioenergyboard.ca

Also check out the Ontario Energy Board Bill Calculator

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Current Time of Use

¢ / kWH