The Ontario Energy Board (OEB) has announced that electricity prices under the Regulated Price Plan (RPP) for households, small business and farms will change as of November 1, 2026.
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, 2026, the Ontario government’s Ontario Electricity Rebate (OER) will change to 15.7%. The OER provides a rebate on the electricity bill of residential, small business and farm customers. Electricity prices under the OEB’s RPP are decreasing year-over-year, which allows for a reduction in the OER. The overall rate of increase for customer bills will remain consistent with previous years. For a typical residential customer who uses 700 kWh of electricity per month, the OER will decrease bills by about $23.00 each month.