ANALYSIS: Ontarians pay almost 55% more for on-peak winter electricity than ten years prior

When compared to ten years earlier, in 2010, Ontarians paid 9.9¢/kWh or 11.8¢/kWh less than they will this year for on-peak winter hours. That’s a 54.4 per cent increase in ten years for on-peak hours.

On Nov. 1, 2020 Ontarians began paying winter time-of-use rates for electricity. The new on-peak rate this year is 21.7 ¢/kWh on weekdays between 7 a.m. to 11 a.m. and 5 p.m. to 7 p.m.