YOUR BILL

Understanding your electricity bill

We want you to understand the charges on your electricity bill. The more you know about electricity rates, the easier it will be to make informed decisions about your energy usage or whether an electricity contract with an energy retailer is right for you. Your electricity utility delivers electricity to your home or business and issues your bill. The bill includes the costs for the electricity that you use, the services your local utility provides and some other costs.

Lakefront Utilities has the fifth lowest operation, maintenance and administration costs in the province, and the sixth lowest residential distribution rates in Ontario.

Electricity

Your bill includes a line item called Electricity. This is the cost of the electricity that you used during the billing period. Most Ontario residential and small business consumers that buy electricity from their utility are billed using time-of-use rates. Learn more about managing your costs with electricity time-of-use rates. Fewer than 1 in 10 customers are billed using tiered rates. These rates vary depending on how much electricity you use.

The Ontario Energy Board currently sets these rates in accordance with the government’s Fair Hydro Plan Act, which came into effect on June 1, 2017. Learn more about this legislation.