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 half of those in Toronto, and close to five times lower than those in New York.
Rates in effect April 1, 2022.
This document is published annually.
This graph illustrates inflation rates and energy prices in Québec from 1963 to 2021. 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 879. The price index for electricity is 772, compared to 1,110 for natural gas and 2,600 for oil.
Sources: Hydro-Québec, Bloomberg Oil Buyer's Guide and Statistics Canada (2021 data for oil and gas).