Electricity Rates

CURRENT RATES AND SCHEDULE – EFFECTIVE Nov 1, 2024

Electricity Pricing - November 1, 2024 to April 30, 2025

The Ontario Energy Board (OEB) announced electricity rates effective November 1, 2024 to April 30, 2025 for residential and small business customers on the Time-of-Use (TOU), Ultra-Low Overnight (ULO) and Tiered price plans.  In addition, winter Time-of-Use (TOU) hours and the change in threshold for residential customers on Tiered pricing will also take effect and remain in place until April 30, 2025. 

To view historical electricity rates, click here.

The TOU, Tiered, and ULO prices set by the OEB under the Regulated Price Plan (RPP) are shown in the image below. The table also shows the hours to which those prices apply:

The OER is provided to eligible customers, including households, farms, long-term care homes, small businesses, retirement residences, common areas in condominiums and apartments and mobile home parks. Effective November 1, 2024, the OER provides eligible consumers with a 13.1% rebate from the province on the subtotal of their electricity bill. The rebate is automatic and automatically appears on electricity bills as a separate line item.

To learn more about the OER, visit the Ontario Energy Board website.

Espanola Regional Hydro knows that our customers may be experiencing hardship and we are here to help. Our commitment to customers is to work together to find solutions that take these challenging times into consideration, whether that means payment arrangements or providing information and direction to programs that may be available to assist. If you would like more information, reach out to our Customer Service department at customerservice@erhydro.com or 705-869-2771.