Canada electricity prices
The residential electricity price in Canada is
CAD 0.166 per kWh or USD 0.121.
The electricity price for businesses is
CAD 0.142 kWh or
USD 0.104.
These retail prices were collected in September 2024 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 March 2025 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 81.61% of the world average electricity price and 64.13% of the average price in North America.
- Business electricity rates in Canada are 69.65% of the world average price and 48.39% of the average in North America.
- Household rates are 119.01% of the business rates.
- Electricity prices paid by small businesses in Canada are 143.38% of the prices paid by big businesses.
- The price paid by households with low electricity consumption is 166.67% of the price paid by households with high electricity consumption.
The energy mix of Canada
Based on the United States Energy Information Adminstration data from 2022, electricity in Canada is produced from the following sources: fossil fuels 17.48%,
wind 6.05%,
solar 0.95%,
hydro 62.43%,
nuclear 13.09%, and
geothermal 0.00%.
You can also compare the energy mix of Canada to other countries.
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