Hydro-Québec’s headquarters, Montréal, Québec, Canada 

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2017 data

How substantial could your savings be? Let’s look under the hood.

Rate comparison in North America

Comparative index of electricity prices

Large-power customers

Comparative index of electricity prices for large-power customers that demonstrates that Montréal boast some of the lowest electricity prices in North America.

Consumption: 3,060,000 kWh/month
Power demand: 5,000 kW
Voltage: 25 kV

1 For Montréal, based on Rate LG.

Source: Hydro-Québec, 2021 (Comparison of Electricity Prices in Major North American Cities – Rates in effect April 1, 2021).

In the case of Fairfax (VA), bills have been estimated by Hydro-Québec and may differ from actual bills.

Rates and options*

Our low, stable rates give your business a competitive edge and boost your bottom line. A range of rates and rate options are available, tailored to your usage:

  • Business customer Rate LG (large power)
  • Business customer Rate M (medium power)
Demand exceeded 5,000 kW
Demand exceeded 50 kW
Example of rates C¢/kWh US¢/kWh
Large-power rate (LG) 5.18 4.14

Assumptions:

  1. Exchange rate: C$1 = US$0.7992, as at April 1, 2022.
  2. Rate LG (large power with minimum billing demand of 5,000 kW or more) effective April 1, 2022 (transmission and distribution included) for 120‑kV supply with 95% load factor.
  3. Hydro‑Québec’s rates are regulated by Québec’s Régie de l’énergie and are indexed according to the Hydro-Québec Act (CQLR c H-5). Eligibility for a given rate depends on certain conditions. To determine your facility’s eligibility for a rate, contact us or visit Hydro-Québec’s electricity rates.
  4. Applicable taxes not included (GST and QST).

*Rates and eligibility conditions are subject to change without notice. Hydro-Québec assumes no responsibility for any costs or expenses incurred or which may be incurred due to a change made to the rates or eligibility conditions. Contracts for data centers are no longer eligible for the Economic Development Rate.

Stable rates

Hydro-Québec customers enjoy a solid history of rate stability, with the lowest rise in price of any type of energy. The average annual rate increase for the last 20 years is 1.4%.

Price changes over time

  • The gray line represents the growth in the price of Oil
  • The black line represents the growth in the price of Gas
  • The green line represents the growth of Electricity
  • The dotted line represents Consumer Price
    Index (CPI)

This graph illustrates inflation rates and energy prices in Québec from 1963 to 2020. Electricity prices follow the inflation curve while oil and natural gas prices show greater fluctuations. Based on information available to date, the Canadian consumer price index is 850. The price index for electricity is 762, compared to 1,077 for natural gas and 2,140 for oil.

Sources: Hydro-Québec, Bloomberg Oil Buyer's Guide and Statistics Canada (2019 data for oil and 2020 data for gas).

Energy efficiency: We’ve got it down to a science!

Looking for ways to lower your building’s energy consumption and improve your power usage effectiveness (PUE) ratio?

By taking advantage of our Efficient Solutions Program, you can improve your facility’s energy efficiency and cost-effectiveness while reducing your carbon footprint.

0.16C$/kWh (based on an exchange rate of C$1 = US$0.80, as of July 28, 2017)
0.18C$/kWh (based on an exchange rate of C$1 = US$0.80, as of July 28, 2017)

For more information:

1 888 29-HYDRO (1 888 294-9376)

We’re open Monday to Friday, 8:30–4:30, EST.