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Choose Your Rate Option

Current TOU Rates

May 01, 2023 – Oct 31, 2023
Current Rate: on-peak on-peak
$0.074 per kWh - Off-Peak
$0.102 per kWh - Mid-Peak
$0.151 per kWh - On-Peak
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Log in to see how these rate options can help you!

Please visit Time-of-Use Pricing or Tiered Pricing to learn more about current and past rates.

Choose the rate option that's right for you

The best rate plan for you will depend on your electricity consumption patterns. Don’t worry – there is no deadline to choose, and you will not be locked into your selection. The difference is not likely to be more than a few dollars per month, but we do want to help you make the best choice possible. A few tips:

  • If you have an electric vehicle which you charge at home overnight, Time-of-Use rates may be best for you, because you’ll be able to take advantage of the off-peak rate.
  • If you live in a smaller home and don’t typically use a lot of electricity (less than 700 kilowatt-hours per month) choosing Tiered rates may lower your total bill.
Tools to help you make an informed choice

Use the Ontario Energy Board bill calculator to see what your total bill would look like with Time-of-Use and Tiered prices.

  • You’ll need your Alectra Utilities bill, or several months of bills. To use the calculator most effectively, you’ll want to know how much electricity you use and when you use it. You can find this information on the Electricity line of your bills or in My Account.
  • Remember, your monthly use and usage pattern may be different in the winter season than it is in the summer season.
  • You can also use our My Account Meter Data comparison tools to see your past electricity usage patterns with historic Time-of-Use and Tiered prices. Not registered in My Account? All you need is your Alectra Utilities account number and your last payment amount to sign-up. Right away you'll have access to your meter data, past usage and the comparison tools.

Choose Your Rate Option

You can opt-out of Time-of-Use Pricing and switch to Tiered Pricing one of these ways:

  • Log in to My Account — If you already have an account, log in and you can switch your Rate Option in Meter Data/Price Comparison.
  • Sign up for My Account — To sign up, all you need is your Alectra Utilities account number and your last payment amount to sign-up. Right away you'll be able to switch your Rate Option in the Price Comparison on the Meter Data tab.
  • Submit a Rate Option Selection formResidential and Small Businesses can do so online, by email, or by postal mail.
We’re here to help

Call Alectra Utilities Customer Service at 1-833-ALECTRA during business hours, Monday to Friday for assistance with submitting your selection.

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COMING SOON: Ultra-Low Overnight (ULO) 

ULO has four price periods, one of which is a very low-priced overnight period. We’re looking forward to offering the new Ultra-Low Overnight (ULO) price plan to our customers starting in Fall 2023. See below for more information.

FAQs - Frequently Asked Questions

I switched rates – when will my new rate take effect?

Don’t be alarmed if your next bill doesn’t show your new rate option. We will do our best to process the change for the beginning of your next billing period. This means your rate will change within 30 days and all electricity used after this date will be charged at the new rate. You will see this on the following month’s bill.

What’s the difference between Time-of-Use and Tiered prices?

Time-of-Use Pricing reflects the cost of producing electricity at different times of day based on demand. It has three periods: on-peak, when energy demand and cost is high, mid-peak, when energy demand and cost is moderate, and off-peak, when energy demand and cost is low.

Time-of-Use Pricing ultimately gives you more control over your electricity bill. By adjusting your usage habits, Time-of-Use Pricing enables you to save money during hours when electricity is more expensive.

Tiered Pricing is one price for usage based on a threshold amount and a higher price for usage over that threshold.

  • The threshold for residential consumers changes twice a year on a seasonal basis; to 600 kilowatt-hours per month during the summer season (May 1 to October 31) and to 1,000 kilowatt-hours per month during the winter season (November 1 to April 30).
  • The threshold for non-residential consumers is 750 kilowatt-hours per month.

Time-of-Use and Tiered prices are set by the Ontario Energy Board.

I like Time-of-Use and don’t want to switch my pricing option. Do I have to do anything?

No, if you choose to stay on Time-of-Use Pricing, you don’t have to let us know. It’s our default pricing option. 

When do I have to tell Alectra I want to switch rate plans? Is there a deadline?
  • You can let us know any time. After you submit a request, we will make every effort to apply your selection to your next electricity statement. If the current month's bill is already in process it will be applied on the following bill.
  • More than one Rate Option Selection cannot be processed in one monthly billing cycle
What if I change my mind? Am I locked into a price plan?

No, you’re not locked into a price plan. You can switch between Time-of-Use and Tiered Pricing at any time, however, more than one Rate Option Selection cannot be processed in one monthly billing cycle.

I have a Retail Energy Contract. Can I switch my rate option?

No, if you have signed a contract with an energy retailer for your electricity supply, you have agreed to purchase electricity at a fixed price for a set period of time. If you return to the Regulated Price Plan when your contract ends, you will have the option to switch your rate.

I’m a new customer. How do I choose a rate option?

If you are a new customer, your default rate plan will be Time-of-Use unless you select Tiered Pricing when you tell us you’re moving. Use our online form to let us know you’re moving and your Rate Option selection

I’m a landlord. How do I choose a rate option?

A landlord or property manager with an existing Landlord Transfer Agreement can now chose Time-of-Use or Tiered Rate Options when a tenant moves out and the landlord assumes responsibility for the electricity account.  Click here to access the Landlord Agreement & Rate Option form.

When will Alectra be offering the Ultra-Low Overnight price plan?

In April 2023, the Ontario Energy Board (OEB) announced a new electricity price plan, Ultra-Low Overnight (ULO), which offers more choice to residential and small business customers. The OEB provided a phased-in approach to offering the ULO price plan from May 1, 2023 to November 1, 2023 to allow electricity utilities time to implement the new plan. All Ontario utilities must offer ULO to their customers by November 1, 2023. Alectra Utilities is meeting our regulatory obligations by offering ULO to our customers in Fall 2023

The new ULO price plan, offered in addition to the Time-of-Use (TOU) and Tiered price plans, has four price periods, one of which is a very low-priced overnight period. 

With Ultra-Low Overnight (ULO) prices, the price depends on when you use electricity during the day and night. There are four ULO price periods: 

  • On-peak, when demand for electricity is highest on average 
  • Mid-peak, when demand for electricity is moderate 
  • Weekend Off-peak, when demand for electricity is generally lower 
  • Ultra-Low Overnight, when demand for electricity is lowest on average 

The ULO price periods are the same all year round. With ULO pricing, you can help manage your electricity costs by shifting high usage activities, like electric vehicle charging, to lower price periods when possible.

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