Ontario Energy Board Announces Changes to Electricity Prices for Households, Small Businesses and Farms
The Ontario Energy Board (OEB) announced October 17, 2025 that electricity prices under the Regulated Price Plan (RPP) for households, small business and farms will change as of November 1, 2025. Winter Time-of-Use (TOU) hours and the change in threshold for residential customers on Tiered pricing will also take effect.
Also, effective November 1, 2025, the Ontario government’s Ontario Electricity Rebate (OER) will change to 23.5%. The OER provides a rebate on the electricity bill of residential, small business and farm customers. For a typical residential customer[1] who uses 700 kWh of electricity per month, the OER will decrease bills by about $36 each month.
Table 1 shows the TOU prices et by the OEB for November 1, 2025 and the hours to which those prices apply.
Table 2 shows the prices for customers on the Tiered price plan as well as the kilowatt-hour thresholds. The seasonal change in the threshold for residential customers provides for an additional 400 kWh/month at the lower price in the Winter:
Table 3 shows the prices for customers on the Ultra Low Overnight (ULO) price plan and the hours to which those prices apply:
[1] The total bill impact for individual customers across the province may vary depending on the customer’s electricity usage and the utility that serves them.
