Small Commercial Charges and Rates

Your electricity bill is made up of delivery charges, distribution charges, regulatory charges and electricity charges. Below are our current electricity rates for residential customers. See Glossary of Terms for more details.

• Electricity Rates
  • Time-of-use Rates
  • Tiered Pricing
• Delivery Rates
• Regulatory Rates
• Debt Retirement Charge
• Global Adjustment
• Miscellaneous Charges
• Electricity Retailers
• Current Rate Card
• Historical Rate Cards

Electricity Rates

The electricity charge of your bill is calculated using Time-of-use rates or Tiered Pricing which are determined by the Ontario Energy Board. The most recent Time-of-Use rates and Tiered Pricing Rates are listed in the table below.

♦ A line loss adjustment factor of .0362 is applied to these charges and is added in the Delivery Section. 

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Time of Use Rates

From June 1, 2020 until November 1, 2020, you will be charged 12.8 cents per kWh for any electricity consumption.

Beginning November 1, 2020, you will be charged 10.5 ¢/kWh for off-peak periods, 15.0 ¢/kWh for on-peak periods, and 21.7 ¢/kWh for mid-peak periods

Current Time-of-Use Rates - As of June 1, 2020

Winter Time-of-Use Rates - Effective November 1, 2020

The Ontario Energy Board reviews rates every 6 months. For additional information on time-of-use pricing and time periods, visit the Ontario Energy Board Web site or visit our Time-of-use Page.

Would you like to learn more about Time-of-Use pricing? Read our Time-of-Use Rates Fact Sheet for the answer to any questions you may have. Download your copy  here.

♦ A line loss adjustment factor of .0362 is applied to these charges and is added in the Delivery Section. 

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Tiered Pricing

With Tiered prices, you can use a certain amount of electricity each month at a lower price. Once that limit (called a threshold) is exceeded, a higher price applies. For residential customers, the threshold normally changes with the season to reflect changing usage patterns – for example, there are fewer hours of daylight in the winter and some customers use electric heating. 

The current Tiered pricing model is in effect until November 1, 2020. On this date, the Winter 2020 Tiered Pricing model comes into effect. See the below tables for the two Tiered Pricing models.

Winter 2020 Tiered Pricing - Effective November 1, 2020

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Delivery Rates

Delivery Charges are the costs of delivering electricity from generating stations across the Province to Waterloo North Hydro then to your home or business. This includes the costs to build and maintain the transmission and distribution lines, towers and poles and operate provincial and local electricity systems.

Portions of these charges do not change from month to month. The rest are variable and increase or decrease depending on the amount of electricity that you use.

Please note new delivery rates effective January 1, 2020. For previous rates please see our Historical Rate Cards.

The chart below shows the delivery charges and the prices for small commercial customers:

* A line loss adjustment factor of 1.0362 is applied to these charges.

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Regulatory Rates

Regulatory Charges include the following two charges:

Wholesale Market Service Charge -- A charge to cover the cost of services provided by the Independent Electricity System Operator (IESO) to operate the wholesale electricity market and maintain the reliability of the high voltage power grid. It also covers the administration costs and certain costs incurred by local utilities to connect renewable generation.  The Wholesale Market Service Charge is set by the ONTARIO ENERGY BOARD to allow these costs to be passed on to consumers.

Standard Supply Service Administration Charge -- A charge to cover a portion of Waterloo North Hydro's administrative costs to provide electricity to customers that purchase their electricity from the utility (i.e. customers that are not served by a retailer). This charge is set by the ONTARIO ENERGY BOARD and is the same for all utilities across the province.

The chart below shows the regulatory charges and the prices:

* A line loss adjustment factor of 1.0362 is applied to these charges.

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Debt Retirement Charge (DRC)

The Debt Retirement Charge has been removed from bills effective April 1, 2018. The Debt Retirement Charge was $0.007 per kWh.

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Global Adjustment

The Global Adjustment is published monthly by Independent Electricity System Operator (IESO) - additional information is available at www.ieso.ca. Applies only to Retailer contracts or using electricity rates other than Time-of-Use and Tiered (limited application).

♦ A line loss adjustment factor of .0362 is applied to these charges and is added in the Delivery Section.

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Miscellaneous Charges

Below is a chart of miscellaneous charges and prices that you may see on your bill:

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Electricity Retailers

For more information please visit our Electricity Retailers Page.

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Current Rate Card

View Residential and Small Commercial Rate Card effective January 1, 2020

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Historical Rate Cards

View Residential and Small Commercial Rate Card effective January 1, 2019

View Residential and Small Commercial Rate Cards effective January 1, 2018

View Residential and Small Commercial Rate Card effective January 1, 2017

View Residential and Small Commercial Rate Card effective January 1, 2016

View Residential and Small Commercial Rate Card effective May 1, 2015

View  Residential and Small Commercial Rate Card effective May 1, 2014

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