Commercial Electricity Rates

Thursday 10:25PM

Currently Off-Peak

Off-Peak
7PM - 7AM
8.2¢/kWh
Mid-Peak
11AM - 5PM
11.3¢/kWh
On-Peak
7AM - 11AM • 5PM - 7PM
17¢/kWh

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. As of November 1, 2021, Tiered prices for non-residential customers are:

First Tier - Up to 750 kWh

 

Second Tier - More than 750 kWh

9.8 cents per kWh

11.5 cents per kWh

  

Electricity Charges for Commercial, Less Than 50 kW With No Interval Meter (Rates Effective November 1, 2021)

Commercial, Less Than 50 KW With No Interval Meter (Rates Effective November 1, 2021)

Electricity (TOU)

Electricity Consumed during On-Peak Hours

per kWh

$0.170

Electricity Consumed During Mid-Peak Hours

per kWh

$0.113

Electricity Consumed During Off-Peak Hours

per kWh

$0.082

Delivery

Fixed Monthly Charge

per month

$34.59

Monthly IESO Smart Metering Entity Charge

per bill

$0.57

Distribution Volumetric Rate**** per kWh $0.0111

Network Charge*

per kWh

$0.0080

Connection Charge*

per kWh

$0.0056

*Regulatory*

Wholesale Market Service Charge*

per kWh

$0.0030

Capacity Based Recovery

per kWh

$0.0004

Rural Rate Protection Charge*

per kWh

$0.0005

 

Administration Charge**

per month

$0.25

*Government*

HST

per bill

13%

  21.2% Ontario Electricity Rebate per bill (17%)

*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 9.8 cents per kilowatt hour for the first 750 kilowatt hours and 11.5 cents per kilowatt hour for any additional consumption. Of the 750 kWh consumption, 727 kWhs will be reflected in the Electricity portion of the bill and the remaining 23 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 Riders include the following: Distribution Volumetric Rate $0.0114/kWh; Rate Rider for Disposition of Deferral/Variance Accounts of $(0.0004); Rate Rider for Disposition of Lost Revenue Adjustment Mechanism Variance Account of $0.0002; Rate Rider for Disposition of Capacity Based Recovery Account of $(0.0002); Rate Rider for Recovery of ACM of $0.0001


***Volumetric Rate Riders would include the Rate Rider for Disposition of Global Adjustment of $0.0045/kWh for those customers who do not pay Regulated Price Plan prices.

*Loss Factors*

*Distribution Loss Factors, Secondary Metered Customers*

Customer Less Than 5000 kW

1.0315

Customer Greater Than 5000 kW

1.0146

*Distribution Loss Factors, Primary Metered Customers*

Customer Less Than 5000 kW

1.0212

Customer Greater Than 5000 kW

1.0045

 

Electricity Charges for General Service, Greater Than 50 kW With No Interval Meter (Rates Effective November 1, 2021)
General Service, Greater Than 50 KW With No Interval Meter (Rates Effective November 1, 2021)
Electricity Spot Market Price
Delivery Fixed Monthly Charge per month $168.97
Distribution Volumetric Rate*** per kW $3.2990
Network Charge per kW $2.7915
Connection Charge per kW $2.0376
Transformer Discount (if applicable) per kW ($0.60)
Regulatory Wholesale Market Service Charge* per kWh $0.0030
Capacity Based Recovery per kWh $0.0004
Rural Rate Protection Charge* per kWh $0.0005
Administration Charge** per month $0.25
Government HST per bill 13%

*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 $2.8829/kWh; Rate Rider for Disposition of Deferral/Variance Accounts of $0.2489; Rate Rider for Disposition of Lost Revenue Adjustment Mechanism Variance Account of $0.1325; Rate Rider for Recovery of ACM of $0.0347


***Volumetric Rate Riders would include the Rate Rider for Disposition of Deferral /Variance Accounts Applicable only for Non-Wholesale Market Participants of $(0.4362)/kW; and Rate Rider for Disposition of Capacity Based Recovery Account Applicable only for Class B Customers of $(0.0629)/kW.


***Volumetric Rate Riders would include the Rate Rider for Disposition of Global Adjustment of $0.0045/kWh for those customers who do not pay Regulated Price Plan prices.

*Loss Factors*
*Distribution Loss Factors, Secondary Metered Customers*
Customer Less Than 5000 kW 1.0315
Customer Greater Than 5000 kW 1.0146
*Distribution Loss Factors, Primary Metered Customers*
Customer Less Than 5000 kW 1.0212
Customer Greater Than 5000 kW 1.0045

 

 

Electricity Charges for General Service, Greater Than 50 kW With An Interval Meter (Rates Effective November 1, 2021)
General Service, Greater Than 50 KW With An Interval Meter (Rates Effective November 1, 2021)
Electricity Spot Market Price
Delivery Fixed Monthly Charge per month $168.97
Distribution Variable Charge*** per kW $3.2990
Network Charge per kW $3.5796
Connection Charge per kW $2.8393
Transformer Discount (if applicable) per kW ($0.60)
Monthly Meter Rental Fee per month $5.50
Regulatory Wholesale Market Service Charge* per kWh $0.0030
Capacity Based Recovery per kWh $0.0004
Rural Rate Protection Charge* per kWh $0.0005
Administration Charge** per month $0.25
Government HST per bill 13%

*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 $2.8829/kWh; Rate Rider for Disposition of Deferral/Variance Accounts of $0.2489; Rate Rider for Disposition of Lost Revenue Adjustment Mechanism Variance Account of $0.1325; Rate Rider for Recovery of ACM of $0.0347

 

***Volumetric Rate Riders would include the Rate Rider for Disposition of Deferral/Variance Accounts Applicable only for Non-Wholesale Market Participants of $(0.4362)/kW; and Rate Rider for Disposition of Capacity Based Recovery Account Applicable only for Class B Customers of $(0.0629)/kW.

 

***Volumetric Rate Riders would include the Rate Rider for Disposition of Global Adjustment of $0.0045/kWh for those customers who do not pay Regulated Price Plan prices.

*Loss Factors*
*Distribution Loss Factors, Secondary Metered Customers*
Customer Less Than 5000 kW 1.0315
Customer Greater Than 5000 kW 1.0146
*Distribution Loss Factors, Primary Metered Customers*
Customer Less Than 5000 kW 1.0212
Customer Greater Than 5000 kW 1.0045

 

 

Electricity Charges for Large User (Rates Effective November 1, 2021)
Large User (Rates Effective November 1, 2021)
Electricity Spot Market Price***
Delivery Fixed Monthly Charge per month $21,758.18
Distribution Variable Rate*** per kW $1.7483
Network Charge per kW $3.6669
Connection Charge per kW $2.8393
Monthly Meter Rental Fee per month $5.50
Regulatory Wholesale Market Service Charge* per kWh $0.0030
Capacity Based Recovery per kWh $0.0004
Rural Rate Protection Charge* per kWh $0.0005
Administration Charge** per month $0.25
Government HST per bill 13%

*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 $2.3992/kW; Rate Rider for Disposition of Deferral/Variance Accounts of $(0.1846); Rate Rider for Disposition of Lost Revenue Adjustment Mechanism Variance Account of $(0.4952); Rate Rider for Recovery of ACM of $0.0289.

*Loss Factors*
*Distribution Loss Factors, Secondary Metered Customers*
Customer Less Than 5000 kW 1.0315
Customer Greater Than 5000 kW 1.0146
*Distribution Loss Factors, Primary Metered Customers*
Customer Less Than 5000 kW 1.0212
Customer Greater Than 5000 kW 1.0045