Figure 1 depicts the total heating degree days in 2018 for the five largest cities in Quebec and Ontario. Quebec Premier François Legault has just launched a major initiative to “electrify Quebec” and position his province as the “green battery of North America” with its potential to sell hydroelectricity to Ontario and New York. Finally, this comparison highlights best the power of natural gas as a low-priced energy source, to offset Ontario’s higher- priced electricity. The Ontario Energy Board sets rates for electricity twice a year, based on submissions from the various companies and agencies. The average Ontario consumer spends 65 per cent during Off-Peak hours, 18 per cent during Mid-Peak, and 17 per cent during On-Peak. For residential and small business customers that buy electricity from their utility, there are two different types of rates (also called prices here). In the summer period (May 1 – October 31), the Tier threshold for residential customers is 600 kWh. Calculating the average gas and electricity bill across the UK is difficult as it depends on a variety of factors. This explains the larger jump for Montreal from 1,000 kWh to 2,000 kWh in Table 1. The Global Adjustment is the difference between that guaranteed price and the money the generators earn in the wholesale marketplace. Here is the average electric rate for each state. Only five per cent of Quebec households rely on natural gas for home heating – compared to 68 per cent for Ontario households. In Panel A, below, we consider the Hydro Quebec electricity bills at the provincial average (1,550 kWh), and for cities in Ontario we consider the average electricity consumption reported by the local LDC and the provincial average for natural gas use. December 11, 2019-Consideration of a Bill: Standing Committee on Regulations and Private Bills: December 10, 2019: Second Reading: Motion to authorize sitting times-December 4, 2019-Consideration of a Bill: Standing Committee on Regulations and Private Bills: November 28, 2019-Ordered referred to Standing Committee Effective April 1, 2019. hydro . Time-of-use rates and tiered rates from this time period appear lower because they do not represent the true cost of electricity. Ontario households face a time-of-use pricing structure for three daily time periods: Off-Peak ($0.065/kWh), Mid-Peak ($0.094/kWh), and On-Peak ($0.134/kWh). Phase 1, Room S320A, Level 3 Current Rates. In the winter period (November 1 – April 30), the Tier threshold for residential customers is 1,000 kWh, so that households can use more power at the lower price. We also set distribution rates, which appear on the, Performance standards for processing applications, Archived and complete policy initiatives and consultations, Reporting and record keeping requirements (RRR), Forms and templates: energy contracts and certificates of compliance, Licensed companies and licensing information, Trade names associated with licensed companies, We review utilities’ rates and activities, and make decisions, We monitor the market and energy companies, Government directives and priority projects, Consumer complaints about energy companies, Nearing the end of an energy contract: How renewals and extensions work, COVID-19 Energy Assistance Program - Residential (CEAP), COVID-19 Energy Assistance Program - Small Business (CEAP-SB), Energy policy - consulting with consumers, Electricity utility performance dashboard, Natural gas and electricity utility yearbooks. We have energy efficient appliances but are not energy conscious. Find out more about TOU prices and managing your electricity costs. In 2019, the monthly electricity bill for an average German household consisting of three people with a combined annual consumption of 3,500 kWh was 88.7 euros, the BDEW says. Effective November 1, … According to Statistics Canada, the average Ontario household consumes 722 kWh of electricity and 203 m3 of natural gas per month. It’s not possible to provide a useful answer to this question, for several reasons: * Electrical usage varies throughout the year. Source: Environment and Climate Change Canada. But with everything else that comes with energy pricing, the devil is in the details, which are often listed in the small print on our bills. Your voice matters. According to Hydro Quebec’s analysis, the residential electricity bill for a household that consumes 1,000 kWh in Montreal is about half of that in Toronto and Edmonton, and 60 per cent of what households pay in hydro power-rich Vancouver. Effective November 1, … The cost side of the equation is always well-publicized by Hydro Quebec in its annual Comparison of Electricity Prices in Major North American Cities report. If you sign up for a contract with an energy retailer, you have to pay your share of the Global Adjustment on top of the contract price. © Ivey Business School  |   On average, Ontarians have lower home energy costs than Atlantic Canadians but higher costs than our neighbours in Quebec and Manitoba (Figure 1). We should remember that electricity rates are just one component of overall household energy bills. Your personal information will be kept strictly private. Ontario has benefitted from historic low natural gas prices over the last decade and its geographic locational advantage that gives access to North America’s most prolific natural gas supply basins. To estimate average monthly energy bills, multiply the average home’s electricity usage (897 kWh) by the cost per kWh in your state for that month. Given that Hydro Quebec has a common rate structure across its major municipalities, we only consider Montreal for this analysis and exclude natural gas given its low penetration in Quebec. You can also compare your current bill with what to expect if you sign a contract with an electricity retailer. Summary about cost of living in Ontario,CA, United States: Family of four estimated monthly costs are 3,482.13$ without rent (using our estimator). Nevertheless, differences in natural gas rates for households between Ontario and Quebec are just as stark as for electricity, but now favouring Ontario. The prices are per kWh and include all items in the electricity bill such as the distribution and energy cost, various environmental and fuel cost charges and taxes. October 31, 2019. In Panel A, below, we consider the Hydro Quebec electricity bills at the provincial average (1,550 kWh), and for cities in Ontario we consider the average electricity consumption reported by the local LDC and the provincial average for natural gas use. Electricity prices, March 2020: The chart shows the price of electricity for households and businesses in over 100 countries. 2020 Electricity Rates By State (Updated Nov 2020). COVID-19 Information for the Ivey and Western Community. A single person estimated monthly costs are 969.47$ without rent. See a sample electricity bill with tiered rates. Electricity Rates effective April 1, 2019 sets out Hydro-Québec’s rates, as approved by the Régie de l’énergie (the Québec energy board) in accordance with Decision D-2019-037. Learn how you can take part. While the fixed component is important in the overall bill (more so in Ontario than Quebec), the variable charge makes the contrast between the two provinces particularly interesting. Summary about cost of living in Ontario,CA, United States: Family of four estimated monthly costs are 3,482.13$ without rent (using our estimator). Table of Average Electricity Rates by State. Based on factors such as demand and available plans, the amount that is paid can vary from state to state. For more than a decade, the report has crowned Montreal as the jurisdiction with the lowest residential electricity bills among 21 chosen peers in Canada and the U.S. Read more about choosing your electricity price plan, See how prices for Tiered customers have changed over time, Independent Electricity System Operator (IESO), Have your say on current rate applications, Learn more about buying your electricity from an energy retailer, See what they’re asking for and why, and provide your comments online, Find out when upcoming community meetings and hearings are being held so that you can attend. Trying to calculate the average cost of an energy bill per month can be tricky, not least because there are so many variable that can affect the amount you pay – not only does everyone has different consumption habits, costs can also vary depending upon where you live, the amount of energy that you use, and even how you choose to pay for your energy. Given the differences between Ontario and Quebec households in climate conditions and home heating fuels, it is logical to expect that the average Quebec household uses significantly more electricity than in Ontario and vice versa with respect to natural gas. The Quebec advantage further dissipates for households consuming 20 per cent more energy than the average — the cost differentials in London, Hamilton, Kitchener-Waterloo, and St. Catharines-Niagara drop to about 25 per cent, and 40 per cent in Toronto. The table below shows the bill impacts for a typical customer using 750 kWh a month for the years 2018 to 2022. The fixed 8.5 ¢/kWh price is equal to the off-peak price set by the OEB for January 1, 2021. 2019 Ontario Economic Outlook and Fiscal Review: ... farm and small business electricity bills to the tune of at least $4 billion, ... people of Ontario. A/C set to a chilly 21.5C nightly. Home energy costs, the costs Ontarians pay to heat and cool their homes and power their appliances, are a pocket-book issue for Ontarians and a frequent topic of debate in Ontario’s Legislative Assembly. Our model uses the time-of-use rates published by the Ontario Energy Board and assumes that 64% of consumption happens off-peak, 18% mid-peak, and 18% on-peak. Subscribe today and stay up to date with the latest news from Ivey Business School. Electricity Rates effective April 1, 2019 sets out Hydro-Québec’s rates, as approved by the Régie de l’énergie (the Québec energy board) in accordance with Decision D-2019-037. These are much less than the 85-per-cent+ premiums stated in Hydro Quebec’s report. Use our bill calculators to help you: Compare electricity price plans Compare your current electricity or natural gas bill with a contract offered by an energy retailer Compare Time-of-Use to Tiered pricing Residential and small business customers that pay Time-of-Use (TOU) electricity prices can choose to switch to Tiered prices. The price change will happen automatically. From looking at the middle column, which estimates household bills based on consumption at 1,000 kWh/month, it appears Toronto households pay 86 per cent more for electricity than those in Montreal. Three types of rates are in effect: domestic rates, for residential customers, the industrial rate, for large-power industrial customers, and general rates, for Increases for a typical residential customer are expected to be between $2 and $3 per month each year starting in 2018 through 2022. All customers are billed using the Residential Rate Schedule. The document shows the average household monthly electricity bill in Ontario rising from $123 in 2017, to $195 in 2027, then $222 in 2037 and $231 in 2047. Once that limit (called a threshold) is exceeded, a higher price applies. In addi-tion, in 2019 the average electricity rate for large industrial consumers in Canada out- Daily Return to Campus Questionnaire. That amounts to an average bill of about $111.16 (12.95 cents x 897 kWh) that month. The Government of Ontario introduced the Ontario Electricity Rebate, which reduced the pre-tax amount of the bill by 31.8%, effective November 1, 2019. Electric Ireland charges 19.90c per kWh, including VAT. As part of our mandate, we set the rates that your utility charges for the electricity you use in your home or small business. (Urban 24 hour rates , Inclusive of … Understand how your bill works and how rates are set. Toronto, Ontario, Canada, HKCEC Starting May 1, 2006 our service charges are set by the Ontario Energy Board for all distributors in the province. The Ontario Energy Board does not regulate this. Meteorologists capture climate differences with a measure called ‘heating degree days’ (HDD), which is the number of degrees that a day’s average temperature is below 18Co, the temperature below which homes need to be heated. The 2018 and 2019 rate changes have now been applied, and include recovering charges that were not collected in 2018 and the first half of 2019. Hydro Quebec’s advantage drops for higher-consuming households – at 2,000 kWh/month, Toronto households pay 40 per cent more than in Montreal. British Columbians enjoy the lowest home energy costs in Canada. Rent in Ontario is, on average, 47.28% lower than in New York. Customer Effective November 1, 2020. The Global Adjustment also covers the costs of some conservation programs. Read more about choosing your electricity price plan. While other cities –including Winnipeg, Vancouver, and Seattle – have competitive commercial and industrial rates, Hydro Quebec reigns supreme in the residential category. Electricity Rates. The Time-of-Use and Tiered prices charged by your electricity utility already include an estimate of the Global Adjustment. Cost of living index in Ontario is 24.25% lower than in New York. The amount your bill will increase by depends on how much electricity you use. A single person estimated monthly costs are 969.47$ without rent. On the other hand, the average Quebec household consumes more than double the amount of electricity at 1,550 kWh per month, and if it relies on natural gas for heating, it consumes 134 m3 per month. Electricity Rates 100% 2019G104A 2019. Lawn watered 3-4 times a week. We also set the Delivery rates that cover the cost to deliver electricity to most residential and small business customers. 2019 Average Monthly Bill- Residential (Data from forms EIA-861- schedules 4A-D, EIA-861S and EIA-861U) State Number of Customers Average Monthly Consumption (kWh) Average Price (cents/kWh) Average Monthly Bill (Dollar and cents) New England 6,411,587 600 21.10 126.65 Connecticut 1,510,966 689 21.87 150.71 Maine 710,869 562 17.89 100.53 Terms of Use  |  Privacy Policy  |  Western University, COVID-19 Information for the Ivey and Western Community. So, no matter what time of day you use your electricity, or how much you use, the fixed price will apply. We review them twice a year, on May 1 and Nov 1, and if necessary, we adjust these rates. In Panel B, below, we do the same but increase household energy consumption by 20 per cent. For 2016 average ending July 30, Water so far is at $51.26/mth, Hydro is at $130.10/mth. For residents and businesses alike, the cost of electricity is a regular expense that is incurred each and every month. The fixed 8.5 ¢/kWh price is equal to the off-peak price set by the OEB for January 1, 2021. January 2019 Electricity Prices For customers that have signed up for a contract with an energy retailer, the price is set out in the contract. To qualify for Level 2 and 3 help, we will ask you to provide some basic information such as your total household income (for all members 18 years and older, after tax), your average electricity bill, and any late payment or disconnection fees you have paid. The chart below shows the prices and tiers for each type of customer. Canada's average residential electricity prices by major city 2019 Hydroelectricity generation in Canada 2019, by province Canada's capacity of hydroelectricity facilities 2019 December 22, 2020 - To support Ontarians staying home during the rapidly evolving COVID-19 situation, the Government of Ontario has taken steps to hold the price of electricity at 8.5 ¢/kWh for electricity used from January 1, 2021 until the end of the day on January 28, 2021. With Tiered prices, you can use a certain amount of electricity each month at a lower price. quebec .com. Our more representative comparison, however, highlights how the difference is not as great as the Hydro Quebec report depicts. When you dig into the details, however, and try to make a more representative comparison that captures the total energy bill, as depicted in Panel A, the difference drops to 38 per cent for London, 41 per cent for both Hamilton and St. Catharines-Niagara, 34 per cent for Kitchener-Waterloo, and 58 per cent for Toronto. Figure 2 demonstrates the dramatic differences in the heating sources employed by households in the five largest cities in Quebec and Ontario. In Panel B, below, we do the same but increase household energy consumption by 20 per cent. Fewer than 1 in 10 customers in Ontario buy their electricity from an electricity retailer. The Government of Ontario introduced the Ontario Electricity Rebate, which reduced the pre-tax amount of the bill by 31.8%, effective November 1, 2019. In addition, in 2019 the average electricity rate for large industrial consumers in Canada outside Ontario was only 7.82¢/kWh, with the result that large-power industrial consumers in Ontario are paying almost 65% more than the cost to the same type of consumers in the rest of Canada. However, according to energy market regulator Ofgem, the average dual fuel variable tariff as of April 2019 is £104.50 per month, or £1,254 a year. We provide such a comparison here for households in Ontario and in Quebec to better understand the overall energy advantage. ... estimated that the average monthly household bill … Ontario Electricity Rebate to take effect on November 1. The Ontario Electricity Rebate will appear on your hydro bill as a single line item, replacing the former 8% rebate and rate reduction previously provided by Global Adjustment Refinancing under the Fair Hydro Plan. Rent in Ontario is, on average, 47.28% lower than in New York. 1 Harbour Road Table 1 depicts the monthly bill information provided in the 2018 report as part of the Detailed Tables for Residential Ratepayers. Toronto and Ottawa, the average electricity price for large-power industrial consum-ers in 2019 was 13.23¢/kWh and 12.56¢/kWh, respectively, whereas the same type of consumer in Montreal and Vancouver paid only 5.66¢/kWh and 6.39¢/kWh. The Ontario Energy Board works to ensure a sustainable, reliable energy sector in Ontario. The Global Adjustment will also appear as a separate line on your bill. No customer action is required. June 4, 2017 – Hydro One Networks Inc. has applied to the Ontario Energy Board to increase electricity distribution rates. Based on “standard” charging rates from the biggest provider – Electric Ireland – the average usage of 4200 kWh electricity a year would result in an annual electricity bill of €1098. The new rebate is renamed the Ontario Electricity Rebate (OER). The two provinces’ pricing structures for electricity explain some of this differential in household bills. An apples-to-apples comparison of electricity costs across cities requires consideration of these details. London, Ontario, Canada. Use our calculator to estimate your monthly bill. Historical electricity rates. For example, the average cost per kWh for Maryland homes in this month’s report is 12.95 cents. Such initiatives are driven by Quebec producing plentiful and relatively cheap power. In 2019, a household using 170 m3 per month (the midpoint of average consumption across the two provinces) pays 63 per cent less for natural gas in Toronto compared to a similar household in Montreal. On the other hand, Hydro Quebec operates a tiered-pricing structure for the variable share of customer rates, where households are charged $0.0608/kWh for the first 1,200 kWh used in a month and then $0.0938/kWh for any consumption above that point. Starting November 1, 2019, the Ontario Electricity Rebate will be applied to bills for most residential consumers, farms and many small businesses. The Hydro Quebec report offers a useful comparison of household electricity rates across jurisdictions, but it does not pay close attention to how typical consumption levels vary by city, or usage of different energy fuels such as natural gas, which together contribute to total energy bills for a province’s homeowners. Typical Electricity Bill for a Residential Oshawa PUC Networks Inc. On May 9, 2019, legislative amendments to Ontario Rebate for Electricity Consumers Act, 2016 and the Ontario Fair Hydro Plan Act, 2017 (OFHPA) were passed to end Global Adjustment Refinancing and replace it with a new rebate, the Ontario Energy Rebate (OER), effective November 1, 2019. See how prices for Tiered customers have changed over time. On 9 July 2019, The Ministry of Energy, Northern Development and Mines proposed a new on-bill rebate, effective as from 1 November 2019. Tiered prices give you the flexibility to use electricity at any time of day at the same price, although that price will change if you exceed the threshold during the month. Clearly, Hydro Quebec’s cost advantage continues to dominate, but it is worth recalling that the table depicted in the Hydro Quebec report had differences in some bills at more than 85 per cent. On a dollar basis, monthly household energy bills for these Ontario cities are about $50 higher than in Montreal. Source: Statistics Canada, CANSIM 153-0145. Find out about the Electricity line of your bill. These rates appear on the Electricity line of your bill. This is the most current information available, though we are able to show current (today’s rates) for states that have deregulated energy markets. In addition, in 2019 the average electricity rate for large industrial consumers in Canada outside Ontario was only 7.82¢/kWh, with the result that large-power industrial consumers in Ontario are paying almost 65% more than the cost to the same type of consumers in the rest of Canada. ... two dates used by Hydro-Québec for calculation of the bill. The amount of the OER is equal to 31.8% of the pre-tax invoice amount. Both include a fixed charge and a variable charge based on monthly electricity consumption. Furthermore, the reference in its report to energy bills in Toronto can be misleading, as bills for Toronto households are 15 per cent higher than nearby Ontario cities. Electricity prices, March 2020: The chart shows the price of electricity for households and businesses in over 100 countries. We’re protecting you. Visit the Independent Electricity System Operator (IESO) website for more information on the Global Adjustment. 1850sq ft with 4 people. The new Ontario Electricity Rebate (OER) will commence on November 1, 2019 and will be applied to bills for most residential consumers, farms and many small businesses. Source: Author’s calculation using data from Laszlo Energy Services. All electricity consumers have to pay a share of the Global Adjustment. The average cost of electricity in Ontario is $0.125 per kWh, or $125 per month, assuming an average monthly usage of 1,000 kWh. ... A unit of measurement of the average … Find out more about switching from TOU to Tiered prices. Read more about contracts. 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