Canada electricity prices
The residential electricity price in Canada is
CAD 0.171 per kWh or USD 0.126.
The electricity price for businesses is
CAD 0.158 kWh or
USD 0.116.
These retail prices were collected in December 2023 and include the cost of power, distribution and transmission, and all taxes and fees.
Compare Canada with 150 other countries.
Historical quarterly data, along with the latest update from June 2024 are available for download.
Sources: Alberta Utilities Commission, British Columbia Hydro, Énergie NB Power, Hydro Quebec, Manitoba Hydro, Maritime Electric Company, Newfoundland Labrador Hydro, Newfoundland Power, Nova Scotia Power, Ontario Energy Board, SaskPower
Electricity price analysis for Canada
- Residential electricity prices in Canada are 81.15% of the world average electricity price and 64.68% of the average price in North America.
- Business electricity rates in Canada are 75.81% of the world average price and 53.82% of the average in North America.
- Household rates are 108.23% of the business rates.
- Electricity prices paid by small businesses in Canada are 125.66% of the prices paid by big businesses.
- The price paid by households with low electricity consumption is 180.38% of the price paid by households with high electricity consumption.
