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Utility Cost Calculator Ontario

Reviewed by Calculator Editorial Team

This Ontario-specific utility cost calculator helps you estimate your monthly bills for electricity, natural gas, and hydro. Simply input your usage details and see how much you can expect to pay based on current Ontario rates.

How to Use This Calculator

Using this utility cost calculator is simple:

  1. Select the utility type (electricity, natural gas, or hydro)
  2. Enter your monthly usage in kilowatt-hours (kWh) for electricity/hydro or cubic meters (m³) for natural gas
  3. Click "Calculate" to see your estimated monthly cost
  4. Review the result and compare it to your current bills

The calculator uses current Ontario average rates provided by the Ontario Energy Board. For more accurate results, you may want to check with your specific utility provider.

Formula Used

Electricity Cost Formula

Monthly Cost = (Usage in kWh × Rate per kWh) + Fixed Monthly Charge

Ontario average rate: $0.12 per kWh + $12 fixed monthly charge

Natural Gas Cost Formula

Monthly Cost = (Usage in m³ × Rate per m³) + Fixed Monthly Charge

Ontario average rate: $1.50 per m³ + $15 fixed monthly charge

Hydro Cost Formula

Monthly Cost = (Usage in kWh × Rate per kWh) + Fixed Monthly Charge

Ontario average rate: $0.15 per kWh + $18 fixed monthly charge

These formulas account for both variable usage charges and fixed monthly service fees that most utility providers include in their bills.

Worked Example

Let's calculate the monthly cost for a household using 800 kWh of electricity:

  1. Select "Electricity" from the utility type dropdown
  2. Enter "800" in the usage field
  3. Click "Calculate"

The calculator will show: $800 × $0.12/kWh = $96 for usage + $12 fixed charge = $108 total monthly cost.

Note

Actual bills may vary based on your specific utility provider, time of use rates, and any additional fees or credits.

Ontario vs. National Averages

Here's how Ontario utility costs compare to national averages:

Utility Type Ontario Rate National Average Rate
Electricity $0.12/kWh $0.13/kWh
Natural Gas $1.50/m³ $1.20/m³
Hydro $0.15/kWh $0.14/kWh

Ontario's electricity rates are slightly lower than the national average, while natural gas rates are higher. Hydro rates are slightly above the national average.

Frequently Asked Questions

How accurate is this calculator?
This calculator provides estimates based on Ontario average rates. For precise billing, check with your utility provider.
Does this include all fees?
Yes, the calculator includes both variable usage charges and fixed monthly service fees.
Can I use this for commercial properties?
This calculator is designed for residential properties. Commercial rates may differ significantly.
How often are the rates updated?
The rates are updated annually based on Ontario Energy Board data.
What if my usage is seasonal?
For seasonal usage, you can calculate each period separately and average the results.