Residential Electricity Rates
2023 Holiday Schedule When Off-Peak Prices Are in Effect.
Electricity used on weekends and holidays is charged the off-peak price during both the Winter and Summer periods.
|Monday, January 2 - New Year’s Day Stat Holiday||Monday, February 20 - Family Day|
|Friday, April 7 - Good Friday||Monday, May 22 - Victoria Day|
|Saturday, July 1 - Canada Day||Monday, August 7 - Civic Holiday|
|Monday, September 4 - Labour Day||Monday, October 9 - Thanksgiving Day|
|Monday, December 25 - Christmas Day||Tuesday, December 26 - Boxing Day|
Residential and small business customers can choose between a Time-of-Use (TOU) or Tiered pricing structure as of November 1, 2020.
With TOU the day is divided into 3 price periods: off-peak, mid-peak, and on-peak, and 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.
For customers already on TOU who wish to continue being billed with the TOU pricing no action is required.
For more information: oeb.ca/choice
Forms to change from Time-of-Use to tiered pricing are available here: or Download PDF
Summer Tiered Price
The charges for these customers, effective May 1, 2023 - October 31, 2023, are:
Up to 600 kWh per month
Consumption beyond 600 kWh
Retailer Contract Customers
Any customer with a retailer contract pays the commodity price according to retailer contract. In addition, customers with a retailer have a separate line item called the Global Adjustment that appears on their bill.
Wholesale Electricity Price
General Service customers with consumption in excess of 250,000 kWh are subject to hourly electricity pricing. Customers with an interval meter pays the hourly spot price; customers who do not have an interval meter pay the weighted wholesale price. In addition, a customer on hourly electricity pricing has a separate line item on their bill called global adjustment. For more information on electricity pricing please refer to the IESO website at www.ieso.ca.
Tariff of Rates and Charges
Rates & Charges Effective January 1, 2023
More Ways to Pay Your Bill
Festival Hydro offers a variety of payment options that you can choose from.
Customer Asisstance Programs
Need some help keeping up with your utility bill? Festival Hydro has assistance programs available for eligible customers.
Decreasing your electricity usage could decrease the amount you pay each month!