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, 2024 -  October 31, 2024, Tiered prices for non-residential customers are:

First Tier - Up to 750 kWh

Second Tier - More Than 750 kWh

10.3 cents per kWh12.5 cents per kWh

 

Electricity Charges for Commercial, Less Than 50 kW with no interval meter (Rates Effective May 1, 2024 -  October 31, 2024)
Commercial, Less Than 50 KW With No Interval Meter (Rates Effective May 1, 2024 -  October 31, 2024)
Electricity price (TOU or Tier or ULO) Peak TOU Rateper kWh$0.182
Mid-Peak TOU Rateper kWh$0.122
Off-Peak TOU Rateper kWh$0.087
First 600 kWh Tierper kWh$0.103
Second >600 kWh Tierper kWh$0.125
On-Peak ULO Rateper kWh$0.286
Mid-Peak ULO Rateper kWh$0.122
Weekend Off-Peak ULO Rateper kWh$0.087
Ultra-Low Overnight ULO Rateper kWh$0.028
DeliveryFixed Monthly Chargeper month$33.98
Rate Rider for Recovery of Advanced Capital Module (2024)per month$0.09
IESO Smart Metering Entity Chargeper month$0.42
Rate Rider for Disposition of Account 1509 (2024)per month$0.01
Distribution Volumetric Rateper kWh$0.0146
Rate Rider for Disposition of Global Adjustment Account (2024)*per kWh$(0.0085)
Rate Rider for Disposition of Deferral/Variance Accounts (2024)per kWh$0.0054
Rate Rider for Disposition of Capacity Based Recovery Account (2024)**per kWh$(0.0002)
Network Charge***per kWh$0.0098
Connection Charge***per kWh$0.0072
Adjustment Factor Charge****per kWhkWh x 0.0288 x Electricity Rate
RegulatoryWholesale Market Service Charge***per kWh$0.0041
Capacity Based Recoveryper kWh$0.0004
Rural Rate Protection Charge***per kWh$0.0014
GovernmentAdministration Charge******per month$0.25
HSTper bill13%
Ontario Electricity Rebateper bill(19.3%)

*Applicable only for Non-RPP Customers

 

**Applicable only for Class B Customers

 

***In calculating your bill, your consumption amount will be adjusted to account for heat loss. 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.

 

****Adjustment Factor Charge is kWh x 0.0288 x Electricity Rate. For Example: 200 kWh x 0.0288 Adjustment Factor x Electricity Rate = 5.76 kWh x $0.151/kWh = $0.8697.


***** Monthly Administration charge applies to non-retailer affiliated customers only.

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, 2024 -  October 31, 2024)
General Service, Greater Than 50 KW With An Interval Meter (Rates Effective May 1, 2024)
ElectricitySpot Market Price
DeliveryFixed Monthly Chargeper month$165.97
Rate Rider for Recovery of Advanced Capital Module (2024)per month$1.02
Rate Rider for Disposition of Account 1509 (2024)per month$0.01
Distribution Volumetric Rateper kW$3.4962
Rate Rider for Disposition of Global Adjustment Account (2024)*per kWh$(0.0085)
Rate Rider for Disposition of Deferral/Variance Accounts (2024)**per kW$1.2573
Rate Rider for Disposition of Deferral/Variance Accounts (2024)per kW$0.9088
Rate Rider for Disposition of Capacity Based Recovery Account (2024)***per kW$(0.0943)
Network Charge****per kW$4.4136
Connection Charge****per kW$3.5921
Transformer Allowance (if applicable)per kW(0.60)
Primary Metering Allowance for Transformer Losses (if applicable)%(1.00)
RegulatoryWholesale Market Service Charge****per kWh$0.0041
Capacity Based Recoveryper kWh$0.0004
Rural Rate Protection Charge****per kWh$0.0014
GovernmentAdministration Charge*******per month$0.25
HSTper bill13%

*Applicable only for Non-RPP Customers

 

**Applicable only for Non-Wholesale Market Participants

 

***Applicable only for Class B Customers

 

****In calculating your bill, your consumption amount will be adjusted to account for heat loss. 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.

 

*****Adjustment Factor Charge is kWh x 0.0288 x Electricity Rate. For Example: 200 kWh x 0.0288 Adjustment Factor x Electricity Rate = 5.76 kWh x $0.151/kWh = $0.8697.


****** Monthly Administration charge applies to non-retailer affiliated customers only.

 

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, 2024 -  October 31, 2024)
Large User (Rates Effective May 1, 2024)
ElectricitySpot Market Price
DeliveryFixed Monthly Chargeper month$21,393.69 
Rate Rider for Recovery of Advanced Capital Module (2024) per month$77.13
Rate Rider for Disposition of Account 1509 (2024)per month$5.70
Distribution Volumetric Rateper kW$2.9530
Rate Rider for Disposition of Deferral/Variance Accounts (2024)per kW$2.9947
Network Chargeper kW$4.5212
Connection Chargeper kW$3.5921
RegulatoryWholesale Market Service Charge*per kWh$0.0041
Capacity Based Recoveryper kWh$0.0004
Rural Rate Protection Charge*per kWh$0.0014
Administration Charge**per month$0.25
GovernmentHSTper bill13%

*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.

 

Loss Factors
Distribution Loss Factors, Secondary Metered Customers
Customer Less Than 5000 kW1.0288
Customer Greater Than 5000 kW1.0119
Distribution Loss Factors, Primary Metered Customers
Customer Less Than 5000 kW1.0185
Customer Greater Than 5000 kW1.0016