Ontario Energy Board (OEB) sets electricity rates in Ontario. Rates are calculated using a 12-month forecast that helps make pricing more stable, predictable and fair for both users and electricity generators.
If you’re a residential or small business customer, you can switch anytime between Time-of-Use (TOU), Ultra-Low Overnight (ULO) and Tiered electricity price plans. To learn about your price plan options, visit www.oeb.ca/choice.
With TOU, the price you pay depends on when you use electricity.
With Tiered prices, you can use a certain amount of electricity each month at a lower price. Once that limit is exceeded, a higher price applies.
With Ultra-Low Overnight (ULO) prices, you are charged according to the day of the week and time of day that they use electricity, but with an ultra-low overnight rate that encourages high electricity-usage activities, such as charging EVs, laundry or running the dishwasher, to be done overnight.
Current GrandBridge Energy Electricity Rates
Your electricity bill comprises Electricity, Delivery (including transmission and distribution) and Regulatory charges. All other charges are collected on behalf of other parties. GrandBridge Energy retains only the Monthly Service Charge and the Local Distribution charge.
The Ontario Energy Board has approved GrandBridge Energy’s application to increase electricity distribution rates, effective January 1, 2024. Learn more about the rate application approval.
Below are current electricity rates for GrandBridge Energy residential and commercial customers: