Ontario Exploring Options to Reduce Electricity Rates for Public EV Chargers

New electricity rate would help get chargers built in more communities across the province

TORONTO – Ontario’s Minister of Energy, Todd Smith, has asked the Ontario Energy Board (OEB) to explore options for an Electric Vehicle Charger Discount Electricity Rate as the province continues to support the adoption of electric vehicles (EV). A new rate would reduce the cost of electricity for public EV chargers in areas where demand for the service is only beginning to emerge, making charging infrastructure more economical in more communities and giving Ontario drivers the confidence they need to transition to electric vehicles.

Under existing rules, public EV charging stations in areas with low EV adoption rates can be expensive to operate as they experience sharp peaks in demand when an EV is charged, but they still incur costs when they are not used for most of the day. Electric vehicle charging stations predicted to have low utilization are either not built or operate at a loss, giving rise to charging accessibility concerns.

A new electricity rate would support electric vehicle adoption across the province by reducing the electricity costs for charging infrastructure where demand is only beginning to emerge, making them more economical. Starting this month, the Ontario Energy Board will conduct public consultations on a new Electric Vehicle Charger Discount Rate with the intent of making the new rate available to public EV charging providers by January 1, 2026.

The initiative also builds on the government’s Driving Prosperity: The Future of Ontario’s Automotive Sector plan to create a domestic EV battery ecosystem in the province and position Ontario as a North American automotive innovation hub by working to support the continued transition to electric, low carbon, connected and autonomous vehicles.

Read more: Ontario Exploring Options to Reduce Electricity Rates for Public EV Chargers | Ontario Newsroom