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Comparison of electricity prices

Comparison of electricity prices in major North American cities

Every year, Hydro-Québec compares the monthly electricity bills of Québec residential, commercial, institutional and industrial customers with those of customers of the various utilities serving 21 major North American cities.

Comparative Index of Electricity Prices


Consumption: 10,000 kWh/month
Power demand: 40 kW

Hydro-Québec = 100 Monthly bills (excluding taxes). Rates in effect April 1, 2016.

Inflation and trends in energy prices in Québec

All customer segments combined, 1963–2016
Index (1963 = 100)

This graph illustrates inflation rates and energy prices in Québec from 1963 to 2016. Electricity prices follow the inflation curve while oil and natural gas prices show greater fluctuations. To date, the Canadian consumer price index is 799. The price index for electricity is 747, compared to 1,289 for natural gas and 1,749 for oil.
  • The grey line represents Oil price increase.
  • The black line represents Gas price increase
  • The green line represents Electricity price increase
  • The dotted line represents the Consumer Price Index (CPI)
This graph illustrates inflation rates and energy prices in Québec from 1963 to 2016. Electricity prices follow the inflation curve while oil and natural gas prices show greater fluctuations. To date, the Canadian consumer price index is 799. The price index for electricity is 747, compared to 1,289 for natural gas and 1,749 for oil.

Sources : Hydro-Québec, Bloomberg Oil Buyer's Guide and Statistics Canada (2015 data for oil and gas).

DETAILED REPORT | 2016 Edition

Detailed Report 2016 Edition

Comparison of Electricity Prices in Major North American Cities

This document is published annually.

˲See earlier editions

See also