Hydro Quebec Rates Per Kwh
We assumed uniform daily usage.
Hydro quebec rates per kwh. Hydroquebec production supplies hydroquebec distribution with a block of energy of 165 twh of electricity per year at a competitive price for the quebec market. The average cost of electricity in quebec is 0073 per kwh or 73 per month assuming an average monthly usage of 1000 kwh. Lowest rates in north america. The tiered residential rates published by hydro quebec were used for our calculations.
Time of use electricity prices usually change throughout each weekday when demand is on peak from 7am to 11am and 5pm to 7pm mid peak from 11am to 5pm and off peak from 7pm to 7am. And in boston its even more at 334kwh. It also applies to farms. In the united states new york customers pay 306kwh or 4 times more than montrealers for the same amount of electricity.
Hydroquebec grants a supply credit of 0241 per kilowatthour to rate d customers to whom it supplies electricity at 5 kilovolts or higher. This explains the larger jump for montreal from 1000 kwh to 2000 kwh in table 1. Every year hydroquebec compares the monthly electricity bills of quebec residential commercial institutional and industrial customers with those of customers of the various utilities serving 21 major north american cities. It ensures a reduced rate for quebecers.
In montreal as in the rest of quebec residential consumers pay an average price 73 per kilowatthour kwh compared to winnipeg at 94kwh vancouver at 116kwh and toronto at 139kwh. The domestic rates like the other rates assume that electricity will be supplied at low voltage. 2020 2021 rates rate freeze. Among the lowest electricity rates in north america business customers included.
Details on rate. Rate flex d is a dynamic rate that enables customers to save money in winter by shifting at hydro quebecs request their nonessential electricity consumption to outside critical peak events or by using less electricity during those events. Residential customers monthly bills for a consumption of 1000 kwhmonth in ca. On the other hand hydro quebec operates a tiered pricing structure for the variable share of customer rates where households are charged 00608kwh for the first 1200 kwh used in a month and then 00938kwh for any consumption above that point.
Price for the first 40 kwh used per day under rate d 608kwh. A widening gap winnipeg currently ranks second lowest in terms of residential rates at 9 per kwh but manitoba hydro anticipates having to raise its rates by nearly 8 over the coming years. According to an act to simplify the process for establishing electricity distribution rates customers will benefit from a rate freeze as of april 1the rates set on april 1 2019 will remain in effect until march 31 2021.