Commercial Electricity Rates

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 May 1, 2023 -  October 31, 2023, Tiered prices for non-residential customers are:

First Tier - Up to 750 kWh

Second Tier - More Than 750 kWh
8.7 cents per kWh 10.3 cents per kWh

 

Electricity Charges for Commercial, Less Than 50 kW with no interval meter (Rates Effective May 1, 2023 -  October 31, 2023)

Commercial, Less Than 50 KW With No Interval Meter (Rates Effective May 1, 2023 -  October 31, 2023)

Electricity (TOU)

Electricity Consumed during On-Peak Hours

per kWh

$0.151

Electricity Consumed During Mid-Peak Hours

per kWh

$0.102

Electricity Consumed During Off-Peak Hours

per kWh

$0.074

Delivery

Fixed Monthly Charge

per month

$32.52

Monthly IESO Smart Metering Entity Charge

per bill

$0.42

Distribution Volumetric Rate****

per kWh

$0.0161

Network Charge*

per kWh

$0.0095

Connection Charge*

per kWh

$0.0068

*Regulatory*

Wholesale Market Service Charge*

per kWh

$0.0041

Capacity Based Recovery

per kWh

$0.0004

Rural Rate Protection Charge*

per kWh

$0.0007

 

Administration Charge**

per month

$0.25

*Government*

HST

per bill

13%

 

Ontario Electricity Rebate

per bill

(11.7%)

*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 8.7 cents per kilowatt hour for the first 750 kilowatt hours and 10.3 cents per kilowatt hour for any additional consumption. Of the 750 kWh consumption, 729 kWhs will be reflected in the Electricity portion of the bill and the remaining 21 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 $0.0135/kWh; Rate Rider for Disposition of Deferral/Variance Accounts of $0.0002; Rate Rider for Disposition of Lost Revenue Adjustment Mechanism Variance Account of $0.0007; Rate Rider for Disposition of Group Two Deferral/Variance Accounts (2022) $(0.0010).


***Volumetric Rate Riders would include the Rate Rider for Disposition of Global Adjustment of $0.0014/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

1.0288

Customer Greater Than 5000 kW

1.0119

*Distribution Loss Factors, Primary Metered Customers*

Customer Less Than 5000 kW

1.0185

Customer Greater Than 5000 kW

1.0016
Electricity Charges for General Service, Greater Than 50 kW With An Interval Meter (Rates Effective May 1, 2023 -  October 31, 2023)

General Service, Greater Than 50 KW With An Interval Meter (Rates Effective May 1, 2023)

Electricity

Spot Market Price

Delivery

Fixed Monthly Charge

per month

$158.82

Distribution Variable Charge***

per kW

$4.1833

Network Charge

per kW

$4.2744

Connection Charge

per kW

$3.4156

Transformer Discount (if applicable)

per kW

($0.60)

Monthly Meter Rental Fee

per month

$5.50

Regulatory

Wholesale Market Service Charge*

per kWh

$0.0041

Capacity Based Recovery

per kWh

$0.0004

Rural Rate Protection Charge*

per kWh

$0.0007

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 $3.2356/kW; Rate Rider for Disposition of Deferral/Variance Accounts of $0.1796; Rate Rider for Disposition of Lost Revenue Adjustment Mechanism Variance Account of $0.3339; Rate Rider for Recovery of ACM of $(0.3273). 


***Volumetric Rate Riders would include the Rate Rider for Disposition of Deferral /Variance Accounts Applicable only for Non-Wholesale Market Participants of $(0.1064)/kW.


***Volumetric Rate Riders would include the Rate Rider for Disposition of Global Adjustment of $0.0014/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 1.0288
Customer Greater Than 5000 kW 1.0119
*Distribution Loss Factors, Primary Metered Customers*
Customer Less Than 5000 kW 1.0185
Customer Greater Than 5000 kW 1.0016

 

Electricity Charges for Large User (Rates Effective May 1, 2023 -  October 31, 2023)

Large User (Rates Effective May 1, 2023)

Electricity

Spot Market Price***

Delivery

Fixed Monthly Charge

per month

$20,472.43

Distribution Variable Rate***

per kW

$2.7064

Network Charge

per kW

$4.3786

Connection Charge

per kW

$3.4156

Monthly Meter Rental Fee

per month

$5.50

Regulatory

Wholesale Market Service Charge*

per kWh

$0.0041

Capacity Based Recovery

per kWh

$0.0004

Rural Rate Protection Charge*

per kWh

$0.0007

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 $2.7329/kW; Rate Rider for Disposition of Deferral/Variance Accounts of $0.0961; Rate Rider for Disposition of Lost Revenue Adjustment Mechanism Variance Account of $(0.8829); Rate Rider for Recovery of ACM of $(0.422).


***Volumetric Rate Riders would include the Rate Rider for Disposition of Global Adjustment of $0.0014/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 1.0288
Customer Greater Than 5000 kW 1.0119
*Distribution Loss Factors, Primary Metered Customers*
Customer Less Than 5000 kW 1.0185
Customer Greater Than 5000 kW 1.0016