Ontario electricity prices drop, and so does the bill rebate
New Regulated Price Plan prices take effect: Time-of-Use off-peak falls to 9.1¢, mid-peak to 14.6¢ and on-peak to 18.9¢ per kWh, and the Ultra-Low Overnight rate falls to 3.7¢. The Ontario Electricity Rebate drops from 23% to 15.7% at the same time, so many bills shrink less than the prices suggest. Lower prices also mean each kWh of solar saves slightly less.
Source: NOW Toronto: Ontario electricity rates dropping November 2026