Comparison of electricity prices
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.
Lowest rates in North America
Residential customers – Monthly bills for a consumption of 1,000 kWh/month (in CA$)
In Québec, our residential rates are nearly one and a half times lower than Toronto, and four times lower than New York.
Rates in effect April 1, 2020.
Detailed report | 2020 Edition
Comparison of Electricity Prices in Major North American Cities [PDF 1.25 MB]
This document is published annually.
See earlier versions
- Comparison of electricity prices 2019 [PDF 870 kB]
- Comparison of electricity prices 2018 [PDF 743 kB]
- Comparison of electricity prices 2017 [PDF 1.6 MB]
- Comparison of electricity prices 2016 [PDF 692 kB]
- Comparison of electricity prices 2015 [PDF 1.8 MB]
- Comparison of electricity prices 2014 [PDF 1.7 MB]
- Comparison of electricity prices 2013 [PDF 2.4 MB]
- Comparison of electricity prices 2012 [PDF 880 kB]
- Comparison of electricity prices 2011 [PDF 2.7 MB]
Inflation and trends in energy prices in Québec
All customer groups combined, 1963-2019
- 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 2019. 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 843. The price index for electricity is 762, compared to 1,296 for natural gas and 2,189 for oil.
Sources: Hydro-Québec, Bloomberg Oil Buyer's Guide and Statistics Canada (2018 data for oil and 2019 data for gas).