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 and a half times lower than New York.
Rates in effect April 1, 2020.
This document is published annually.
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).