What the 1 November 2026 Electricity Price Changes Mean for Your Bill

On 1 November 2026, two things change on Ontario electricity bills at once. The Ontario Energy Board (OEB) resets the Regulated Price Plan (RPP) prices for the year to 31 October 2027. And the Ontario Electricity Rebate (OER), the credit that has been knocking a large share off most residential bills, drops from 23.5% to 15.7%. Add the switch to the winter Time-of-Use (TOU) schedule, and many households will notice a difference on their first winter bill even if they use exactly the same amount of power.

This post sets out the new prices, explains why the rebate change matters more than it might seem, and suggests practical steps.

The new prices at a glance

These are the commodity prices, the "electricity" line on your bill. They apply to households on the RPP, which covers most residential customers who buy power from their local distribution company (LDC).

Plan	Period	Price (¢/kWh)
Time-of-Use	Off-peak	9.1
Time-of-Use	Mid-peak	14.6
Time-of-Use	On-peak	18.9
Ultra-Low Overnight	Ultra-low overnight (11 p.m.–7 a.m. daily)	3.7
Ultra-Low Overnight	Weekend off-peak (7 a.m.–11 p.m. weekends/holidays)	9.1
Ultra-Low Overnight	Mid-peak (weekdays 7 a.m.–4 p.m. and 9–11 p.m.)	14.6
Ultra-Low Overnight	On-peak (weekdays 4–9 p.m.)	37.7
Tiered	Tier 1	11.2
Tiered	Tier 2	13.2

On the Tiered plan, the winter threshold (1 November to 30 April) is 1,000 kWh per month. Usage above that is billed at the Tier 2 price.

Note: Delivery charges, regulatory charges and HST (13%) are added on top of these prices, and delivery varies by LDC and by how rural or urban your area is. Confirm current figures at oeb.ca (opens in a new tab) and on your LDC's website.

Why the rebate change matters

The OER is a provincial credit calculated as a percentage of most of your pre-tax bill. Because it applies to the whole bill and not just the electricity line, a drop of almost eight percentage points has a noticeable effect.

As a rough illustration only: if your pre-tax charges in a winter month came to $150, a 23.5% rebate would be worth about $35. At 15.7%, it is worth about $24. That is roughly $12 less credit that month, before HST. A larger all-electric or heat pump home with $300 in pre-tax monthly charges would see roughly double that difference. Your actual figures depend on your LDC, your usage and how the rebate is applied to your account.

Across a typical Toronto-area home, the all-in cost of electricity on TOU is roughly 15–19¢/kWh before the rebate once delivery and regulatory charges are included (an estimate). That is a useful number when you compare appliances or heating options.

The winter Time-of-Use schedule

From 1 November to 30 April, weekday TOU periods are:

• On-peak (18.9¢): 7–11 a.m. and 5–7 p.m.
• Mid-peak (14.6¢): 11 a.m.–5 p.m.
• Off-peak (9.1¢): 7 p.m.–7 a.m., plus all day on weekends and statutory holidays.

The big change from summer is that the middle of the day drops from on-peak to mid-peak, while early mornings and the dinner hour become the most expensive times. If you work from home, your daytime use is now cheaper than it was in July. Your morning shower routine and early-evening cooking are not.

Should you change plans?

TOU remains a sensible default. The other two plans suit specific households.

Ultra-Low Overnight (ULO) rewards people who can move big loads past 11 p.m. An EV that adds 15 kWh a night costs about 56¢ in commodity on ULO, against about $1.37 at the TOU off-peak price. Over a year that gap is roughly $300 on commodity alone. The risk is the 37.7¢ weekday on-peak period from 4 to 9 p.m. A home with electric heat, a heat pump or an electric range running hard through those evening hours can lose the overnight savings quickly.

Tiered pricing suits households that cannot shift much use away from daytime peaks. With a 1,000 kWh winter threshold, many non-electrically heated homes will stay mostly in Tier 1 at 11.2¢.

Run your own numbers with our electricity price plan calculator using a few months of usage from your LDC account. Ask your LDC how switching works, how often you can switch, and when a change takes effect.

What you can do this winter

• Check which plan you are on. It is shown on your bill and in your LDC's online account.
• Shift flexible loads. Run the dishwasher, laundry and dryer after 7 p.m. on weekdays or on weekends (TOU), or after 11 p.m. if you are on ULO. Delay-start buttons make this easy.
• Set your thermostat schedule for the new peaks. Gas-heated homes can use a 2–3 °C overnight setback for roughly 5–10% heating savings. Heat pump owners should keep setbacks small to avoid triggering backup electric resistance heat.
• Tackle standby loads. Phantom loads typically make up 5–10% of household electricity use. Smart power bars on entertainment and office setups help.
• Get help if bills are a strain. The Ontario Electricity Support Program (OESP) provides a monthly on-bill credit for lower-income households, and the Low-income Energy Assistance Program (LEAP) offers emergency help. See our guide to income-qualified energy programs.

For more seasonal ideas, see our winter energy savings guide and the current rates on our electricity rates page.