Cost of Hydro in Ontario Calculator

How to Use This Calculator

To get an accurate estimate of your hydro costs in Ontario:

1. Enter your monthly electricity consumption in kilowatt-hours (kWh).
2. Select your hydro rate plan (residential or commercial).
3. Choose your service area (Ontario Hydro or Independent Electricity System Operator).
4. Click "Calculate" to see your estimated monthly cost.

The calculator provides a breakdown of your costs and includes a chart showing the distribution of your bill.

Formula Used

The cost of hydro in Ontario is calculated using the following formula:

Where:

• Consumption is your monthly electricity usage in kWh
• Rate is the cost per kWh for your selected plan
• Tax Rate is the applicable provincial and federal taxes (approximately 13% in Ontario)

Worked Example

Let's calculate the cost for a residential customer using 500 kWh of electricity:

This example shows that a residential customer using 500 kWh would pay approximately $67.80 per month.

Ontario vs. National Average

Compare your estimated hydro costs in Ontario with the national average:

This comparison shows that Ontario generally has lower electricity rates than the national average, which can result in lower monthly bills for consumers.