The hourly electricity price in Ontario amounted to an average of about 2.97 Canadian cents per kilowatt hour in 2023. This was very close to Ontario's electricity prices in 2021, but was a decrease of 1.74 Canadian cents per kilowatt hour in comparison to the average prices in 2022.
Average weighted hourly electricity price in Ontario from 2004 to 2023 (in Canadian dollar cents per kilowatt hour)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Hydro One
Overview
6
- Basic Statistic Electricity production in Canada 2022, by source
- Premium Statistic Canada's energy consumption by sector 2017
- Premium Statistic Average residential electricity prices in Canada 2022, by major city
- Premium Statistic Hydroelectricity generation in Canada 2022, by province
- Premium Statistic Canada's capacity of hydroelectricity facilities 2022
- Premium Statistic Ontario's yearly average electricity prices 2004-2023
Financials
4
Segments
5
- Premium Statistic Hydro One Ltd's revenue by segment 2014-2019
- Premium Statistic Hydro One Ltd's property, plant, and equipment assets 2011-2019
- Premium Statistic Hydro One Ltd's property, plant, and equipment value by type 2019
- Premium Statistic Hydro One's electricity sales volume FY 2013-2022
- Premium Statistic Hydro One's electricity customers FY 2013-2022
Major competitors
5
Further related statistics
18
- U.S. industrial electricity prices by select state 2016
- U.S. commercial electricity prices by select state 2016
- Average electricity rate in Saudi Arabia by sector 2015
- Global utility-scale solar PV systems cost 2022, by select country
- Average electricity rate in the UAE by sector 2015
- Average electricity rate in Bahrain by sector 2015
- LCOE and average cost of electricity in the U.S. in grid parity states 2015
- Average electricity rate in Oman by sector 2015
- Average electricity rate in Qatar by sector 2015
- Africa's average electricity rates by select country 2016
- Global LCOE projection by key country 2015-2020
- Average electricity rate in Kuwait by sector 2015
- Highest electricity prices in the United States 2022, by state
- Average monthly locational marginal pricing decline U.S. 2020, by IOS
- Lowest U.S. residential electricity prices by state 2019
- Customer perception of energy companies complicated tariffs in Great Britain 2014
- Tax excluded electricity prices for households in Italy 2018-2022
- Residential utility rates in regulated and deregulated U.S. states 2018
Further Content: You might find this interesting as well
Statistics
- U.S. industrial electricity prices by select state 2016
- U.S. commercial electricity prices by select state 2016
- Average electricity rate in Saudi Arabia by sector 2015
- Global utility-scale solar PV systems cost 2022, by select country
- Average electricity rate in the UAE by sector 2015
- Average electricity rate in Bahrain by sector 2015
- LCOE and average cost of electricity in the U.S. in grid parity states 2015
- Average electricity rate in Oman by sector 2015
- Average electricity rate in Qatar by sector 2015
- Africa's average electricity rates by select country 2016
- Global LCOE projection by key country 2015-2020
- Average electricity rate in Kuwait by sector 2015
- Highest electricity prices in the United States 2022, by state
- Average monthly locational marginal pricing decline U.S. 2020, by IOS
- Lowest U.S. residential electricity prices by state 2019
- Customer perception of energy companies complicated tariffs in Great Britain 2014
- Tax excluded electricity prices for households in Italy 2018-2022
- Residential utility rates in regulated and deregulated U.S. states 2018
Topics
Hydro OneIESO. (February 5, 2024). Average weighted hourly electricity price in Ontario from 2004 to 2023 (in Canadian dollar cents per kilowatt hour) [Graph]. In Statista. Retrieved April 26, 2024, from https://www.statista.com/statistics/483230/ontario-yearly-average-electricity-market-price/
IESO. "Average weighted hourly electricity price in Ontario from 2004 to 2023 (in Canadian dollar cents per kilowatt hour)." Chart. February 5, 2024. Statista. Accessed April 26, 2024. https://www.statista.com/statistics/483230/ontario-yearly-average-electricity-market-price/
IESO. (2024). Average weighted hourly electricity price in Ontario from 2004 to 2023 (in Canadian dollar cents per kilowatt hour). Statista. Statista Inc.. Accessed: April 26, 2024. https://www.statista.com/statistics/483230/ontario-yearly-average-electricity-market-price/
IESO. "Average Weighted Hourly Electricity Price in Ontario from 2004 to 2023 (in Canadian Dollar Cents per Kilowatt Hour)." Statista, Statista Inc., 5 Feb 2024, https://www.statista.com/statistics/483230/ontario-yearly-average-electricity-market-price/
IESO, Average weighted hourly electricity price in Ontario from 2004 to 2023 (in Canadian dollar cents per kilowatt hour) Statista, https://www.statista.com/statistics/483230/ontario-yearly-average-electricity-market-price/ (last visited April 26, 2024)
Average weighted hourly electricity price in Ontario from 2004 to 2023 (in Canadian dollar cents per kilowatt hour) [Graph], IESO, February 5, 2024. [Online]. Available: https://www.statista.com/statistics/483230/ontario-yearly-average-electricity-market-price/