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Ontario Hydro Rates Drop November 1, But Your Bill Might Not

  Ontario Hydro Rates Drop November 1, But Your Bill Might Not Ontario electricity prices are changing on Sunday, November 1, 2026. The Ontario Energy Board (OEB) has announced lower regulated electricity rates for households, small businesses and farms. But there is a catch: the provincial electricity rebate is also shrinking, meaning lower electricity prices will not necessarily translate into lower overall bills. For Ontario households already dealing with higher grocery prices, mortgage payments and winter heating costs, understanding these changes could help save money over the coming months. Here is what you need to know about the new rates, how to choose between Time-of-Use, Tiered and Ultra-Low Overnight pricing, and the winter protection that prevents electricity disconnections for non-payment. 1. Ontario Electricity Rates Change November 1 The new rates take effect November 1, bringing lower prices for electricity used under Ontario's Regulated Price Plan (RPP). Accordin...
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Proposed Tax Change Could Impact Electricity and Gas Bills in Certain Provinces



Electricity Canada has raised concerns about a proposed tax change that could have significant implications for consumers. The alteration, outlined in the government’s bill to implement its fall mini-budget, aims to align Canada’s tax rules with those of other countries that operate across multiple jurisdictions.

The proposed adjustment to the Income Tax Act would bring Canada in line with the United States, the United Kingdom, and Ireland. However, the impact on privately operated utilities—particularly electricity and natural gas companies—could be substantial.

Michael Powell, Vice President of Government Relations at Electricity Canada, warns that this change may force privately operated utilities to increase the rates charged to consumers. The issue arises from the reduction in tax exemptions for debt loads, which would result in higher income tax bills for these companies.

As private utilities often carry higher debt loads to maintain lower rates, the proposed tax change could lead to rate hikes for electricity and natural gas services. Consumers in affected provinces should closely monitor developments and prepare for potential adjustments to their utility bills.

While the goal is to harmonize tax rules internationally, the impact on everyday Canadians remains a critical consideration. As the bill progresses, citizens and policymakers alike will be watching closely to assess its effects on household budgets.


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