Tiered Pricing
About Tiered Pricing
With Tiered Pricing, you can use a certain amount of electricity each month at a lower price. Once that limit (threshold) is exceeded, a higher price applies.
- The monthly Tier threshold for residential customers changes twice a year: 600 kWh during the summer period (May 1 to October 31); 1,000 kWh during the winter period (November 1 to April 30).
- The monthly Tier threshold for small business customers is 750 kWh all year round.
Tiered pricing rates are set by the Ontario Energy Board.
- For Time-of-Use Pricing, Tiered Pricing, and Ultra-Low Overnight Pricing, Alectra Utilities passes this cost through to you, without mark-up, and pays it directly to our suppliers.
- Customers who have signed a contract with an energy retailer pay the price stated in their contract plus the Global Adjustment.
Current Tiered Rates
May 01, 2023 - October 31, 2023
Tier 1
8.7 ¢/kWh
Tier 2
10.3 ¢/kWh
(May 1 - October 31)
(ALL YEAR)
Residential and Small Business customers can choose from three pricing options: Time-of-Use Pricing, Tiered Pricing, or Ultra-Low Overnight Pricing.
You can find more information on how to Choose Your Rate Option to help you make an informed choice about which electricity price plan is right for you.
Find more historical electricity prices at the Ontario Energy Board.