Commercial Electricity Rates

A small number of London Hydro customers use tiered rates. Tiered Pricing is broken down into set amounts of electricity that may be used at a specific rate; once this set amount is exceeded, the rate changes to a more expensive tier. Effective November 1, 2023 - April 30, 2024, Tiered prices for non-residential customers are:

First Tier - Up to 750 kWh

 

Second Tier - More than 750 kWh

10.3 cents per kWh

12.5 cents per kWh

  

Electricity Charges for Commercial, Less Than 50 kW With No Interval Meter (Rates Effective November 1, 2023 - April 30, 2024)
Commercial, Less Than 50 KW With No Interval Meter (Rates Effective November 1, 2023 - April 30, 2024)
Electricity (TOU, Tier, ULO)Electricity Consumed during TOU On-Peak Hoursper kWh$0.182
Electricity Consumed During TOU Mid-Peak Hoursper kWh$0.122
Electricity Consumed During TOU Off-Peak Hoursper kWh$0.087
First 750 kWh Tierper kWh$0.103
Second >750 kWh Tierper kWh$0.125
On-Peak ULO Rateper kWh$0.286
Mid-Peak ULO Rateper kWh$0.122
Weekend Off-Peak ULO Rateper kWh$0.087
Ultra-Low Overnight ULO Rateper kWh$0.028
    
DeliveryFixed Monthly Chargeper month$32.52
Monthly IESO Smart Metering Entity Chargeper bill$0.42
Distribution Volumetric Rate****per kWh$0.0161
Network Charge*per kWh$0.0095
Connection Charge*per kWh$0.0068
 Adjustment Factor Charge***per kWhkWh x 0.0288 x Electricity Rate
*Regulatory*Wholesale Market Service Charge*per kWh$0.0041
Capacity Based Recoveryper kWh$0.0004
Rural Rate Protection Charge*per kWh$0.0014
 Administration Charge**per month$0.25
*Government*HSTper bill13%
 Ontario Electricity Rebateper bill(19.3%)

*The consumption used for these rates is subject to an Adjustment Factor. When electricity is delivered over a power line, it is normal for a small amount of power to be consumed or lost as heat. Equipment such as wires and transformers consume power before it gets to your home or business. The adjustment factor accounts for these losses. This charge is included in the Delivery portion of the bill. 
 

** Monthly Administration charge applies to non-retailer affiliated customers only. ***For eligible customers, the electricity price may be 8.7 cents per kilowatt hour for the first 750 kilowatt hours and 10.3 cents per kilowatt hour for any additional consumption. Of the 750 kWh consumption, 729 kWhs will be reflected in the Electricity portion of the bill, and the remaining 21 kWhs, which accounts for the adjustment factor, will be reflected in the Delivery portion of the bill. For retailer customers, the price is as stated on the retailer contract. Rates may be subject to change from time to time.
 

****Volumetric Rate includes the following: Distribution Volumetric Rate $0.0140/kWh; Rate Rider for Disposition of Deferral/Variance Accounts of $0.0013; Rate Rider for Disposition of Lost Revenue Adjustment Mechanism Variance Account of $0.0008.

 

*Loss Factors*
*Distribution Loss Factors, Secondary Metered Customers*
Customer Less Than 5000 kW1.0288
Customer Greater Than 5000 kW1.0119
*Distribution Loss Factors, Primary Metered Customers*
Customer Less Than 5000 kW1.0185
Customer Greater Than 5000 kW1.0016
Electricity Charges for General Service, Greater Than 50 kW With An Interval Meter (Rates Effective May 1, 2023)
General Service, Greater Than 50 KW With An Interval Meter (Rates Effective May 1, 2023)
ElectricitySpot Market Price
DeliveryFixed Monthly Chargeper month$158.82
Distribution Variable Charge***per kW$4.1833
Network Chargeper kW$4.2744
Connection Chargeper kW$3.4156
Transformer Discount (if applicable)per kW($0.60)
Monthly Meter Rental Feeper month$5.50
RegulatoryWholesale Market Service Charge*per kWh$0.0041
Capacity Based Recoveryper kWh$0.0004
Rural Rate Protection Charge*per kWh$0.0014
Administration Charge**per month$0.25
GovernmentHSTper bill13%

*The consumption used for these rates is subject to an Adjustment Factor. When electricity is delivered over a power line, it is normal for a small amount of power to be consumed or lost as heat. Equipment such as wires and transformers consume power before it gets to your home or business. The adjustment factor accounts for these losses. This charge is included in the Delivery portion of the bill. 
 

**Monthly Administration charge applies to non-retailer affiliated customers only.
 

***Volumetric Rate includes the following: Distribution Volumetric Rate $3.3456/kW; Rate Rider for Disposition of Deferral/Variance Accounts of $0.4762; Rate Rider for Disposition of Lost Revenue Adjustment Mechanism Variance Account of $0.3615.

*Loss Factors*
*Distribution Loss Factors, Secondary Metered Customers*
Customer Less Than 5000 kW1.0288
Customer Greater Than 5000 kW1.0119
*Distribution Loss Factors, Primary Metered Customers*
Customer Less Than 5000 kW1.0185
Customer Greater Than 5000 kW1.0016

 

Electricity Charges for Large Users (Rates Effective May 1, 2023)
Large User (Rates Effective May 1, 2023)
ElectricitySpot Market Price***
DeliveryFixed Monthly Chargeper month$20,472.43
Distribution Variable Rate***per kW$2.7064
Network Chargeper kW$4.3786
Connection Chargeper kW$3.4156
Monthly Meter Rental Feeper month$5.50
RegulatoryWholesale Market Service Charge*per kWh$0.0041
Capacity Based Recoveryper kWh$0.0004
Rural Rate Protection Charge*per kWh$0.0014
Administration Charge**per month$0.25
GovernmentHSTper bill13%

*The consumption used for these rates is subject to an Adjustment Factor. When electricity is delivered over a power line, it is normal for a small amount of power to be consumed or lost as heat. Equipment such as wires and transformers consume power before it gets to your home or business. The adjustment factor accounts for these losses. This charge is included in the Delivery portion of the bill. 

 

**Monthly Administration charge applies to non-retailer affiliated customers only.

 

***Volumetric Rate includes the following: Distribution Volumetric Rate $2.8258/kW; Rate Rider for Disposition of Deferral/Variance Accounts of $0.7047; Rate Rider for Disposition of Lost Revenue Adjustment Mechanism Variance Account of $(0.8241).

*Loss Factors*
*Distribution Loss Factors, Secondary Metered Customers*
Customer Less Than 5000 kW1.0288
Customer Greater Than 5000 kW1.0119
*Distribution Loss Factors, Primary Metered Customers*
Customer Less Than 5000 kW1.0185
Customer Greater Than 5000 kW1.0016