Many Canadians are enjoying the benefits of driving electric vehicles (EVs). EVs are less expensive to operate and maintain than gas vehicles, are better for the environment, and now have faster charging speeds and increased driving ranges. With a network of public charging stations in Ontario and across the country, you can rest assured that you’ll always reach your destination.
If you have an EV or are thinking about buying one, here are some tips on electricity pricing, EV purchase incentives and rebates, how to charge your EV at home, and other frequently asked questions.
Ultra-Low Overnight (ULO) Pricing
If you have an electric vehicle that you charge at home overnight, the Ultra-Low Overnight rate option may be of interest to you, because you’ll be able to take advantage of the very low-priced overnight period.
The ULO price plan offers a new option to residential and small business customers in addition to the Time-of-Use and Tiered price plans. ULO has four price periods, one of which is a very low-priced overnight period between 11:00 p.m. to 7:00 a.m. every day. ULO price periods are the same all year round.
Current Ultra-Low Overnight Pricing
November 01, 2024 - October 31, 2025
ULO On-Peak
28.4 ¢/kWh
ULO Mid-Peak
12.2 ¢/kWh
ULO Off-Peak
7.6 ¢/kWh
ULO Ultra-Low Overnight
2.8 ¢/kWh
(ALL YEAR)
(ALL YEAR)
The best rate plan for you depends on your electricity consumption patterns. Don’t worry – there is no requirement or deadline to choose, and you can change rate plans at any time. To learn more about the ULO rate option and how to choose the electricity price plan that's right for you, visit Choose My Rate Option.
Buying an EV
Here are a few purchase incentives and rebates that may benefit you. We’ll keep this section updated as other incentives become available.
Federal Incentives
You can qualify for up to $5,000 towards the purchase of a fully electric or plug-in hybrid electric vehicle. The incentive will be applied at the point-of-sale by the dealership. It will appear directly on the bill of sale or lease agreement of eligible zero emission vehicles on, or after, the eligibility date.
Eligibility: Battery-electric, hydrogen fuel cell, and longer-range plug-in hybrid vehicles are eligible for up to $5,000, but shorter-range vehicles with range under 50 km (such as some plug-in hybrids) are eligible for up to $2,500.
For more information, please visit: Government of Canada – Zero Emission Vehicles.
Want to know more about different EV types? Visit: Electric Vehicle Technology & Types.
Company Incentives
Check with the Human Resources team at your place of employment. Some employers offer EV benefits such as workplace charging or preferred pricing at automotive dealerships that offer electric vehicles.
Contact Alectra
If you drive an EV and would like to share your EV driving experience, share your story with us.