Beatrice Lang
The average electricity rate in Ontario, California, is 33 ¢/kWh, which is 75% higher than the national average. The average monthly electric bill for residential customers is $293/month, calculated by multiplying the average monthly consumption of 880 kWh by the average electric rate. There are various electricity price plans available in Ontario, including time-of-use (TOU) rates, tiered rates, and ultra-low overnight (ULO) rates. TOU rates vary depending on the time of day and are divided into three rate periods: peak, mid-peak, and off-peak. Tiered rates have a lower price for electricity consumption below a set amount and a higher rate for electricity consumption above that set amount. ULO rates are similar to TOU rates but have an overnight rate lower than the off-peak rate.
| Characteristics | Values |
|---|---|
| Location | Ontario, CA |
| Average Electricity Rate | 33 ¢/kWh |
| Average Monthly Consumption | 880 kWh |
| Average Monthly Bill | $293 |
| Average Yearly Consumption | 10,560 kWh |
| Average Yearly Bill | $3,516 |
| National Average Rate | 19 ¢/kWh |
| California Average Rate | 29.90 ¢/kWh |
| Price Plans | Time-of-Use (TOU), Tiered, Ultra-Low Overnight (ULO) |
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What You'll Learn
Average electricity rate in Ontario
The average electricity rate in Ontario, CA is 33 ¢/kWh, which is higher than the national average rate of 19 ¢/kWh and the average electricity rate in California of 29.90 ¢/kWh. Residential rates in the U.S. range from 6 ¢/kWh to 71 ¢/kWh depending on location, power plant type, and time of day and year.
In Ontario, the average monthly electric bill for residential customers is $293/month, calculated by multiplying the average monthly consumption of 880.00 kWh by the average electric rate of 33 ¢/kWh. Electric bills cover the costs of producing electricity, maintaining the electrical grid, and any public benefit funds for renewable energy and energy efficiency initiatives.
Ontario offers different electricity price plans, including time-of-use (TOU), tiered, and ultra-low overnight (ULO) prices. TOU rates are the default for most homes and businesses, varying by time of day and year, with lower prices during off-peak hours. Tiered rates have a lower price for electricity consumption below a set amount and a higher rate for usage above that threshold. ULO rates are similar to TOU rates but offer an even lower overnight rate.
The wholesale price of electricity in Ontario is determined by factors such as locational marginal prices (LMPs), which represent the value of electricity at specific locations on the power system, and the cost of congestion, reflecting the incremental cost of moving electricity from the reference bus to consumption points.
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Time-of-use (TOU) pricing
The time-of-use (TOU) rate is the default electricity rate plan for most homes and businesses in Ontario. TOU rates are divided into three rate periods, which vary according to the time of day and the time of year (winter and summer). The TOU rate plan is designed to reflect the changing pattern of electricity use in Ontario.
TOU pricing may be the preferred pricing plan for those who use most of their electricity during off-peak hours (evenings and weekends) and have higher electricity demands. For example, those who work outside the home during the day and do household chores in the evening may benefit from TOU pricing. Similarly, those who work shift work and use most of their electricity in the evenings may also prefer TOU pricing.
Residential and small business customers with electricity demand less than 50 kW can choose from three pricing options: TOU pricing, tiered pricing, or ultra-low overnight (ULO) pricing. ULO rates follow the TOU pricing structure but have an overnight rate that is lower than the TOU off-peak rate. If you use most of your electricity during overnight hours and have higher electricity demands, ULO pricing may be a more suitable option.
With TOU pricing, you can manage your electricity costs by shifting your usage to lower-price periods when possible. TOU rates are set by the Ontario Energy Board, and customers who have signed a contract with an energy retailer pay the price stated in their contract plus the Global Adjustment.
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Tiered pricing
In Ontario, CA, the average residential electricity rate is 33 ¢/kWh, which is 11% higher than the average electricity rate in California of 29.90 ¢/kWh. The average monthly electric bill for residential customers is $293/month, calculated by multiplying the average monthly consumption of 880 kWh by the average electric rate.
One of the electricity price plans available in Ontario is tiered pricing. With tiered rates, electricity prices remain constant during the day but change if more than a certain amount of electricity is used in a month. Tiered rates have a lower price for electricity consumption below a set amount and a higher rate for electricity consumption above that set amount. Residential tiered customers pay the lower tier 1 rate for electricity used up to 750 kWh per month for all seasons. The higher tier 2 rate is charged for all electricity used over 750 kWh per month.
If you use most of your electricity during weekday working hours and do not exceed the kWh limit for tier 1 or tier 2 rates, tiered pricing may be a suitable option for you. Tiered pricing is one of the three pricing options available to residential and small business customers, the other two being time-of-use pricing and ultra-low overnight pricing.
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Ultra-low overnight pricing
The average residential electricity rate in Ontario, CA, is 33 ¢/kWh, which is 11% higher than the average electricity rate in California of 29.90 ¢/kWh. The average monthly electric bill for residential customers in Ontario is $293/month, calculated by multiplying the average monthly consumption of 880 kWh by the average electric rate of 33 ¢/kWh.
Electricity prices in Ontario are designed to cover the costs of producing electricity, running and maintaining the electrical grid, and promoting public benefit funds for renewable energy and energy efficiency. These costs are included in both fixed and variable charges on monthly electric bills.
Ontario offers different electricity price plans, including time-of-use (TOU), tiered, and ultra-low overnight (ULO) pricing. The TOU rate is the default electricity rate for most homes and businesses, with rates varying depending on the time of day and year.
The ULO price plan is ideal for those who use most of their electricity during overnight hours and have higher electricity demands. ULO rates follow the TOU pricing structure but offer an overnight rate that is even lower than the TOU off-peak rate. These rates vary depending on the time of day and are divided into four rate periods.
Residential and small business customers can choose from three pricing options: TOU pricing, tiered pricing, or ultra-low overnight pricing. By selecting the ultra-low overnight pricing option, customers can take advantage of lower electricity rates during overnight hours, helping them manage their electricity costs more effectively.
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Reducing electricity costs
The average residential electricity rate in Ontario, CA, is 33 ¢/kWh, which is 75% higher than the national average rate of 19 ¢/kWh. This means that the average electricity customer in Ontario is using 880 kWh of electricity per month, resulting in a monthly bill of $293.
To reduce electricity costs, consider the following:
Solar Power
Solar panel systems can help you save money by reducing your monthly electric bills. Although a $50 or $100 electric bill might not seem significant, these expenses can quickly add up over the years. If you install a solar system, you can expect to break even on your investment in about six years, after which you may produce free electricity. If you are a renter or unable to install solar panels, you can save 5-15% on your electric bill by subscribing to a community solar farm.
Adjusting Thermostats and Water Heaters
Hot water and air conditioning account for about 70% of a typical US family's power bill. Adjusting your thermostat and water heater by a few degrees can significantly impact your electricity bill. Additionally, consider increasing the cold water blend with the mixing valve at your hot water tank to reduce overall hot water usage.
Efficient Appliances
Older appliances, such as tumble dryers, can consume a lot of energy. Consider investing in newer, more energy-efficient models, such as heat pump clothes dryers, which use less energy while drying your clothes.
Draught-proofing
Older homes often lose heat through draughts around doors and windows, resulting in higher heating costs. Getting professional draught-proofing for your windows and doors can save you money and improve energy efficiency. While professional draught-proofing can be costly, DIY options are usually much cheaper.
Efficient Lighting
Replace traditional light bulbs with LED bulbs. LED lights consume significantly less electricity and can lower your electricity bill. Additionally, they can reduce your home's carbon dioxide emissions by up to 35 kg per year, equivalent to driving 100 miles.
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Frequently asked questions
The average electricity rate in Ontario, CA is 33 ¢/kWh.
The average monthly electric bill for residential customers in Ontario, CA is $293/month, calculated by multiplying the average monthly consumption of 880.00 kWh by the average electric rate of 33 ¢/kWh.
The time-of-use (TOU) rate is the default electricity rate for most homes and businesses in Ontario, CA. TOU rates vary depending on the time of day and are usually lower during off-peak hours, such as evenings and weekends.
Tiered rates in Ontario, CA have a lower price for electricity consumption below a set amount and a higher rate for electricity consumption above that set amount. Residential customers pay the lower tier 1 rate for electricity used up to 750 kWh/month.
Ultra-low overnight (ULO) rates are similar to TOU rates but have an even lower overnight rate. If you use most of your electricity during overnight hours, ULO pricing may be a preferable option.
