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.
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These datasets contain information about oil, gas and electricity in Ontario. Specifically, this information includes but is not limited to fuel and electricity prices, energy consumption and conservation, and energy supply and demand. This dataset includes supporting information for the Ontario Energy Quarterly Oil & Gas and Electricity reports. To view supplemental charts and more information about how we use this dataset, go to the electricity report and the oil and gas report.
This statistic shows the electricity cost for power plants in the Canadian province of Ontario in 2016, with a breakdown by energy source. In 2016, the cost of solar power was around **** Canadian cents per kilowatt hour.
End-users in Canada face varying electricity costs, with a national monthly average of 19.2 Canadian cents per kilowatt-hour, as of September 2023. Due to their remote location, electric energy is most expensive in the Northwest Territories, where the price per kilowatt-hour stands at 41 Canadian cents. Electricity generation in the Northwest Territories is largely reliant on hydropower and petroleum. How is electricity produced in Canada? Canada’s electricity generation employs a diverse array of energy sources; however, the country is primarily reliant on hydroelectric power. Hydraulic turbines, propelled by flowing water, drive generators that produce electricity. The widespread use of hydroelectricity, particularly in the province of Quebec, has contributed to the province having the cheapest electricity prices nationwide, at 7.8 Canadian cents per kilowatt-hour. In 2022, Canada generated nearly 393 terawatt-hours of hydroelectric power. Average industrial and residential electricity prices in Canada Industry electricity prices within Canadian cities differ, and the average industrial electricity price in Canada fluctuated between 5.33 and 14.08 Canadian cents per kilowatt-hour in 2022. By comparison, the average residential electricity prices in Canada oscillated between 7.59 and 19.48 Canadian cents per kilowatt-hour, depending on the city. Notably, residential energy costs across the country tend to be higher when compared to the industrial sector.
Electric power selling price index (EPSPI). Monthly data are available from January 1981. The table presents data for the most recent reference period and the last four periods. The base period for the index is (2014=100).
The dataset is sourced from the IESO website which is an independent electricity system operator.
In the IESO-administered market, the Hourly Ontario Energy Price (HOEP) is charged to local distribution companies (LDCs), other non-dispatchable loads and paid to self-scheduling generators. Businesses that use more than 250,000 kWh a year pay the hourly price. The HOEP is also the basis for regulated rates charged to residential and small business customers. The HOEP values are reported as $/MWh.
More details can be sourced from http://www.ieso.ca/
The data is good to play as Time Series object - from the traditional ARIMA to the favourite algorithms such as Boosting, Deep Learning.
Industrial electricity prices vary significantly across Canada. As of April 2023, the large industrial price of electricity in Edmonton averaged 24.32 Canadian cents per kilowatt-hour. In contrast, Winnipeg recorded an average of 5.62 cents per kilowatt-hour at the time.
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Graph and download economic data for Average Price: Electricity per Kilowatt-Hour in Riverside-San Bernardino-Ontario, CA (CBSA) (APUS49C72610) from Jan 2018 to Dec 2024 about Riverside, electricity, energy, urban, CA, retail, price, and USA.
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This dataset contains weekly retail prices of three grades of gasoline, diesel, auto propane and compressed natural gas in 10 Ontario markets. Prices are in cents per litre (with compressed natural gas prices in cents per gasoline-equivalent litres).
To view charts and current fuel price data you can also "https://www.ontario.ca/page/motor-fuel-prices">visit the motor fuel prices page.
This data is related to:
Related data:
These datasets contain information about oil, gas and electricity in Ontario. Specifically, this information includes but is not limited to fuel and electricity prices, energy consumption and conservation, and energy supply and demand. This dataset includes supporting information for the Ontario Energy Quarterly Oil & Gas and Electricity reports. To view supplemental charts and more information about how we use this dataset, go to the electricity report and the oil and gas report.
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United States - Average Price: Electricity per Kilowatt-Hour in Riverside-San Bernardino-Ontario, CA (CBSA) was 0.27300 Index in December of 2024, according to the United States Federal Reserve. Historically, United States - Average Price: Electricity per Kilowatt-Hour in Riverside-San Bernardino-Ontario, CA (CBSA) reached a record high of 0.29500 in October of 2023 and a record low of 0.17100 in November of 2019. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Average Price: Electricity per Kilowatt-Hour in Riverside-San Bernardino-Ontario, CA (CBSA) - last updated from the United States Federal Reserve on July of 2025.
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These data files detail the differences in wholesale cost of gasoline and diesel between two major trading hubs: * Toronto and New York Harbor * Thunder Bay and Edmonton. Prices are listed in cents per litre.
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The Canadian power industry, valued at approximately $XX million in 2025, is poised for robust growth, exhibiting a Compound Annual Growth Rate (CAGR) exceeding 8.5% through 2033. This expansion is fueled by several key drivers. Increasing demand from a growing population and expanding industrial sectors, particularly in resource-intensive industries, necessitate substantial investments in power generation and transmission infrastructure. Furthermore, a strong governmental push towards renewable energy sources, driven by climate change mitigation goals, is accelerating the adoption of solar, wind, and hydro power. This transition presents both opportunities and challenges. While renewable energy integration offers long-term sustainability benefits, it also requires significant upfront capital expenditure and careful grid management to ensure reliable electricity supply. The industry faces constraints such as the need for modernization of aging infrastructure, securing sufficient investment for large-scale renewable projects, and navigating complex regulatory landscapes. Segment-wise, the renewable energy segment within power generation is experiencing the most rapid growth, driven by favorable government policies and technological advancements. The transmission and distribution segment is also experiencing growth, largely due to the need to upgrade and expand existing networks to accommodate the increasing demand and integration of renewables. Key players like TC Energy Corporation, Ontario Power Generation, and Enbridge Inc. are strategically positioning themselves to capitalize on these trends. The forecast period from 2025 to 2033 will witness a significant shift in the Canadian power landscape. The market's expansion is expected to be driven primarily by the increasing penetration of renewable energy sources, which will necessitate upgrades to the existing transmission and distribution infrastructure. The industrial sector, owing to its significant energy consumption, will continue to be a major end-user segment. However, challenges remain in balancing the transition to cleaner energy with maintaining grid stability and affordability. Efficient grid modernization and effective regulatory frameworks are crucial for navigating this transition effectively. The competitive landscape will likely see continued consolidation and strategic alliances as companies strive for economies of scale and expertise in renewable energy technologies. Geographical variations will exist within Canada, with regions like Ontario and British Columbia likely leading in renewable energy adoption due to their favorable geographical conditions and progressive energy policies. Recent developments include: Kineticor Resource is currently developing a combined cycle gas turbine (CCGT) power plant in Edson, Alberta, called as Cascade CCGT power plant. The 900MW power plant got its construction started in 2020, with an estimated investment plan of USD 1 billion. The project is to be completed in two phases by the end of 2022., In January 2022, Canada planned a new utility-scale solar power project, Fox Coulee Solar Project, in Alberta. The 85.6MW solar PV power project will be developed by Aura Power Developments and Subra GP in a single phase. Its construction is expected to commence in 2022, and it is expected to be in service by 2023.. Notable trends are: Renewables Expected to Witness Significant Growth.
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Thermal power is a major energy source but has faced some hurdles recently. Amid the pandemic, operators saw a modest uptick as the residential sector kept revenue afloat while commercial and industrial sectors were shut down because of health and safety protocols. While the economy reopened, elevated prices put pressure on thermal-powered plants, weakening revenue. Even so, most of this dip stemmed from the closure of many coal power plants because of their immense greenhouse gas emissions. Revenue is set to push down at a CAGR of 1.3% to $18.4 billion through 2024, including a 0.9% lag in 2024 alone. Profit also contracted as rising commodity prices expanded purchase costs, forcing companies to absorb them since they couldn't pass it on entirely to buyers. Both coal and nuclear power have experienced a drop in output during the period. However, the expansion of natural gas facilities has mitigated a more substantial contraction in revenue. The popularity of hydraulic fracking has led to a significant uptick in natural gas supply, enabling generators to produce more electricity. Many coal plants have transitioned into natural gas plants because of environmental concerns. Thermal power plant operators are poised to benefit from robust economic growth in the outlook period, which will drive the need for electricity and expand revenue. Since thermal power companies can pass on high electricity prices to consumers, the escalating cost of electric power will further bolster revenue. However, stringent environmental regulations will pose significant challenges for coal plants, leading to more closures. As concerns regarding climate change and pollution continue to escalate, renewable energy sources will also climb, constraining growth in the thermal power sector. Nonetheless, the industry is expected to witness the establishment of new natural gas facilities throughout 2029, providing a much-needed boost. Overall, revenue is set to expand at a CAGR of 0.9%, reaching $19.2 billion by 2029.
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This dataset provides monthly, quarterly and annual average regular or premium unleaded gasoline pump prices, taxes and ex-tax pump prices in Canada, USA, France, Germany, Britain and Japan, all converted to Canadian cents per litre. To view charts and current fuel price data you can also visit the motor fuel prices page. *[USA]: United States of America
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Companies importing and exporting electricity hold regulatory authorization from the CER and are required to report their export/import activities each month. Generated electricity not consumed domestically is exported. Electricity trade with United States is affected by prices, weather, power-line infrastructure and regional supply and demand. All these cause trade to vary from year to year. Canada also imports some electricity from the United States. The integrated Canada-US power grid allows for bi-directional flows to help meet fluctuating regional supply and demand. This dataset provides historical import and export volumes, values, and prices (by year and month) broken out by source and destination.
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Renewable power producers have endured declines, largely because of drought conditions impacting hydroelectric generation in provinces like British Columbia and Manitoba. These challenges have led to increased reliance on electricity imports and have raised operational costs, hindering profit. However, Hydro-Québec's resilience, because of more favourable conditions, has allowed it to maintain stability and even expand its market share. Industry revenue has been decreasing at a CAGR of 1.9% over the past five years to total an estimated $39.1 billion in 2025, including an estimated increase of 1.6% in 2025 as the price of electric power climbs and pushes up revenue. Over the past five years, renewable power producers have faced volatility, mainly because of environmental factors and market dynamics. For example, surging natural gas prices in 2021 and 2022 favoured renewable power producers, but these prices have begun to normalize. Also, drought conditions forced some producers to purchase additional electricity, raising costs and squeezing profit. While renewable projects have expanded, the industry has also contended with rising land and maintenance costs, which have put additional pressure on profitability. Tariffs on steel, aluminum and electrical equipment may hike costs and lead to project delays for renewable power producers. Still, investments in solar and wind energy have been very strong, as technological advancements and supportive policies provided momentum. Looking ahead, renewable power producers are set for growth, driven by supportive government incentives and advancements in technology. Investments in solar and wind projects are expected to increase. Growing power needs alongside the construction of energy-intensive AI data centres will benefit power producers. Also, growth in residential housing as well as return to office trends will hike energy needs and boost the performance of renewable power producers. Significant investments in infrastructure and grid updates in provinces like British Columbia and Manitoba are on the horizon to support growing energy needs and modernize systems. Still, drought conditions may persist and impact provinces more reliant on hydro power generation. Industry revenue is forecast to increase at a CAGR of 1.3% to total an estimated $41.8 billion through the end of 2030.
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Graph and download economic data for Average Price: Utility (Piped) Gas per Therm in Riverside-San Bernardino-Ontario, CA (CBSA) (APUS49C72620) from Jan 2018 to Dec 2024 about Riverside, utilities, energy, urban, CA, retail, price, and USA.
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The Canadian distributed solar power generation market is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 12% from 2025 to 2033. While the exact market size in 2025 is not provided, considering a typical market size for a nation with Canada's economic profile and renewable energy adoption rate, a reasonable estimation would place the 2025 market value at approximately $1.5 billion (USD). This significant growth is fueled by several key drivers. Increasing government incentives, including tax credits and feed-in tariffs, are stimulating investments in residential and commercial solar installations. Furthermore, rising electricity prices and growing environmental awareness among consumers are driving the demand for cleaner energy alternatives. Technological advancements, leading to reduced solar panel costs and improved efficiency, are also contributing to market expansion. The market is segmented by installation type (residential, commercial, industrial), technology (photovoltaic, solar thermal), and geographical region. Major players like EDF Renewables Canada, Canadian Solar, and Longi Green Energy are actively shaping the market landscape through innovation and project development. However, market growth is not without challenges. Intermittency of solar power, requiring robust grid infrastructure and energy storage solutions, remains a constraint. Furthermore, regulatory hurdles and permitting processes can sometimes slow down project deployment. Despite these restraints, the long-term outlook for the Canadian distributed solar power generation market remains positive, with continued growth expected as the country works towards its renewable energy targets and addresses the challenges through policy and technological advancements. The market is poised for substantial expansion, driven by a confluence of economic, environmental, and technological factors. Key drivers for this market are: 4., Favorable Government Policies4.; Increasing Demand for Renewable Energy. Potential restraints include: 4., Inefficient Grid Infrastructure and A High Number Of Islands in the Country. Notable trends are: Increasing Demand for Clean Electricity.
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Graph and download economic data for Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Riverside-San Bernardino-Ontario, CA (CBSA) (APUS49C74716) from Jan 2018 to Jun 2025 about Riverside, energy, gas, urban, CA, retail, price, and USA.
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.