Electricity Cost Calculator Ontario
Calculate your monthly electricity costs in Ontario using this free calculator. Simply enter your electricity usage and select your rate plan to get an accurate estimate of your monthly bill.
How to Use This Calculator
Using our electricity cost calculator for Ontario is simple:
- Enter your monthly electricity usage in kilowatt-hours (kWh)
- Select your electricity rate plan from the dropdown menu
- Click "Calculate" to see your estimated monthly cost
- Review the breakdown of your costs and any applicable taxes
The calculator provides an estimate based on current Ontario electricity rates. For precise billing, always refer to your electricity provider's actual invoice.
Formula Used
Monthly Electricity Cost = (Usage × Rate) + (Usage × Rate × Tax Rate)
Where:
- Usage = Monthly electricity consumption in kWh
- Rate = Cost per kWh for your selected plan
- Tax Rate = 13% Ontario Energy Tax
This formula accounts for both the base electricity cost and the Ontario Energy Tax that applies to all residential and small business customers.
Worked Example
Let's calculate the cost for a household using 1,000 kWh per month on the standard Ontario Hydro rate plan:
Monthly Cost = (1,000 × $0.125) + (1,000 × $0.125 × 0.13)
= $125 + $16.25
= $141.25
So a household using 1,000 kWh per month would pay approximately $141.25 after taxes.
Ontario Electricity Rates
Electricity rates in Ontario vary by provider and plan type. Here are some common rate structures:
| Provider | Plan Type | Rate (cents/kWh) | Contract Length |
|---|---|---|---|
| Ontario Hydro | Standard | 12.5 | No contract |
| Ontario Hydro | Time-of-Use | 8.5 (off-peak) | No contract |
| Enbridge | Fixed | 10.5 | 12 months |
| Hydro One | Variable | 11.5 | No contract |
Note: These are approximate rates and may vary by location and season. Always check with your electricity provider for current rates.