Ontario Electricity Rebate Drops to 15.7% on November 1, 2026

On November 1, 2026, the Ontario Electricity Rebate falls from 23.5% to 15.7%. Electricity prices drop at the same time, so the two changes work against each other. Here is what changes and what it means for a home that heats with electricity.

By Sam Menard · Updated November 1, 2026 · 4 min read

On this page
  1. Quick quiz: Ontario rebates
  2. What changes on November 1, 2026
  3. The new prices, side by side
  4. A simple example
  5. Why this matters if you heat with electricity
  6. What you can do now
  7. Common questions
  8. Related reading
Quick quiz

Quick quiz: Ontario rebates

A few questions from the programs we track. Tap an answer to see why.

1. The most this program can pay: Home Renovation Savings: ground-source heat pump (Enbridge gas home). How much?

Home Renovation Savings: ground-source heat pump (Enbridge gas home) pays up to $3,000. Official page, checked October 9, 2026.

2. The most this program can pay: Home Renovation Savings: heat pump water heater. How much?

Home Renovation Savings: heat pump water heater pays up to $500. Official page, checked October 3, 2026.

3. The most this program can pay: Home Renovation Savings: ground-source heat pump. How much?

Home Renovation Savings: ground-source heat pump pays up to $12,000. Official page, checked October 9, 2026.

4. The most this program can pay: Home Renovation Savings: whole-home insulation with assessment. How much?

Home Renovation Savings: whole-home insulation with assessment pays up to $7,700. Official page, checked October 3, 2026.

5. The most this program can pay: Home Renovation Savings: attic insulation, no assessment. How much?

Home Renovation Savings: attic insulation, no assessment pays up to $1,250. Official page, checked October 3, 2026.

Estimate my rebates
A modern white house at dusk
Short answer: The rebate on your bill shrinks. For a typical home using 700 kilowatt-hours a month, it goes from about $36 to about $23 a month. Prices also fall, but your bill may not fall as much as the new prices suggest.

What changes on November 1, 2026

The Ontario Electricity Rebate is a percentage taken off your electricity bill. From November 1, 2026, it is 15.7%. Before that it was 23.5%. The Ontario Energy Board also set new prices for the winter season.

For a typical home using 700 kilowatt-hours a month, news reports using Ontario Energy Board figures put the rebate at about $23 a month. It was about $36 a month before.

The new prices, side by side

These are the new prices in cents per kilowatt-hour, with the old price in brackets. They come from CP24's report on the Ontario Energy Board announcement.

  • Time-of-use plan: off-peak 9.1 (9.8), mid-peak 14.6 (15.7), on-peak 18.9 (20.3).
  • Tiered plan: first 1,000 kilowatt-hours 11.2 (12.0), then 13.2 (14.2).
  • Ultra-low overnight plan: overnight 3.7 (3.9), off-peak 9.1 (9.8), mid-peak 14.6 (15.7), peak 37.7 (39.1).

Prices fall about 4% to 7%. The rebate falls by about a third. That is why your bill may not go down.

A simple example

Say your bill is $200 before the rebate. At 23.5%, the rebate took off $47.00. At 15.7%, it takes off $31.40. That is $15.60 less in rebate, before counting the lower prices. The more electricity you use, the more dollars you lose, because the rebate is a percentage.

This is an example, not your bill. Your own bill shows your rebate as a line. Check it in November.

Why this matters if you heat with electricity

A home with electric heat or a heat pump uses much more than 700 kilowatt-hours in winter. A smaller rebate hits those homes harder in dollars. It does not change the basic math of a heat pump, which still uses much less electricity than baseboard heaters. But it is one more reason to look at your plan and your rebates together.

Many Ontario rebates are still open. See our guide to Home Renovation Savings deadlines and the thermostat rebate and Peak Perks.

What you can do now

  1. Look at your November bill and find the Ontario Electricity Rebate line.
  2. Ask your utility which price plan you are on. Customers can choose time-of-use, tiered or ultra-low overnight.
  3. If your income is lower, check the Ontario Electricity Support Program and other bill help. It is separate from the Ontario Electricity Rebate.
  4. If you plan a heat pump, read how it performs in cold weather in our Ontario winter guide.

Common questions

What is the Ontario Electricity Rebate?

It is a percentage taken off the electricity bill for homes, small businesses and farms in Ontario. From November 1, 2026, it is 15.7%.

How much is the Ontario Electricity Rebate in 2026?

It was 23.5%. On November 1, 2026, it falls to 15.7%. For a typical home using 700 kilowatt-hours a month, that is about $23 a month, down from about $36.

Will my electricity bill go up on November 1, 2026?

Prices fall about 4% to 7%, but the rebate falls by about a third. Your bill may not fall as much as the prices suggest, and some bills may rise. Check your own bill.

Is the Ontario Electricity Rebate the same as the Ontario Electricity Support Program?

No. The rebate is a percentage on bills. The Ontario Electricity Support Program is a separate program for lower-income households. Check our bill help page for details.

Do I have to apply for the Ontario Electricity Rebate?

The rebate shows as a line on your electricity bill. If you think it is missing, call your utility.

Sources, read November 1, 2026: CP24: Ontario's electricity rates are falling this November, Toronto Hydro: Ontario Electricity Rebate, Ontario Energy Board: 2025 price announcement (earlier rebate).

Keep learning

Short reads and quick quizzes on how rebate programs work.

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