In this article, you will get to know about the Electricity Rates Canada: What are Province Wise Electricity rates in Canada (Nov 2023)? The Canadian Government generates and purchases electricity for its residents. The household needs to pay their bill for the electricity to the Government. Rates for electricity vary according to the provinces and their dealer’s costs.
Electricity Rates Canada
Through this, the rates are defined and vary to the citizens as the average price of electricity is 0.192 CAD. To get more essential information regarding the Electricity Rates in Canada, how it is calculated, rates for different provinces and more, continue browsing this article.
In Canada, the electricity transmission, generation and distribution is done by the primarily provincial jurisdiction. The provincial regulates and sets the electricity rates according to the building cost transmission wire and the cost of the fuel for electricity generation.
The electricity rates are different for every province, which calculates the number of kWh with its rates. In Canada, there are a total of 10 provinces and for all provinces, the rates vary according to their cost of generating electricity and the suppliers. The supplier companies are Suncor Energy, Pembina Pipeline, Canadian Natural Resources, etc.
What are Province Wise Electricity Rates in Canada (Nov 2023)?
The Canadian Government provides electricity at the average cost of 0.192 CAD per Kilowatt hour. This includes both variable as well as fixed costs. After that, the prices vary according to the territory’s electricity authorities.
|Province||Rates per Kilowatt hour|
|British Columbia||11.4 ¢|
|Newfoundland & Labrador||14.8 ¢|
|Nova Scotia||18.3 ¢|
|New Brunswick||13.9 ¢|
|Prince Edward Island||18.4 ¢|
This table contains the average cost of all ten provinces of Canada. Which is calculated on the monthly base consumption of a household and business. In all of the territory, Quebec has the lowest average cost of 7.80 kWh. Alberta has the highest average cost of 25.8 kWh.
How to Calculate Electricity Bill?
Electricity bills are calculated on the basis of the total consumption of electricity in a month. The rates are based on the price charged, which includes variable and monthly energy charges with the adjustment of NT, ON, and NU. The prices are the same for every residence; there is no fluctuation in the set price point for any resident. To calculate the electricity bill, you can apply these formulas:
- Unit Consumed: Number of units consumed = power of the device in kilowatt
usage per hour divided by 1000.
- Cost: Cost equals to kilowatt subtracted by hours, then you will find the electricity rate.
- Electricity Bill: Billing amount of Electricity equals units consumed per unit rate.
By following the further methods, households can calculate their electricity bills as rates vary according to different provinces, so you can check the rates from the table mentioned above.
Comparison in Energy Rates in Canada
In the previous section, we have shared the data for the electricity rates per Kilowatt hour in the various provinces. Now, we will be discussing the overall energy consumption in fewer provinces.
|Ontario||The province comprises the highest population even the immigrants find the location comfortable for a living. Thus, energy consumption is supreme here. $0.1235 per kilowatt/hr in summers and $0.1263 per kilowatt/hr in winters is the rate. The rate has directly increased the cost of living.|
|Quebec||The demographical location is also the source of hydroelectricity. Thus, the residents have to pay the bill according to the rate of $0.0716 per kilowatt/hr. Quebec has the lowest average rates in all the provisions.|
|Alberta||The province uses mixed sources of energy, coal, natural gas and renewal energy because Alberta is the 4th largest province. The residential has to pay 0.1567 USD per kWh whereas small businesses are charged 0.1268 USD per kWh.|
|British Columbia||BC uses the hydropower resource to generate electricity. Where household has to pay 0.0940 USD per kWh, and businesses are charged 0.0905 per kWh. Generating the energy with hydropower costs them low rates of generating power.|
|Saskatchewan||This province has the second highest rates of average electricity. They use Thermal power and Coal to generate electricity, which costs them a higher rate. The household and business have to pay 0.167 USD per kWh.|
It can be analysed from the previous details that the energy rates will depend on the overall energy consumption by the citizens of Canada. The data cannot be neutral for all the provinces due to the usage of the electricity according to the discrete requirements.