Comparison of electricity prices

The rates applicable to Hydro‑Québec’s residential customers are among the lowest in North America.

Comparative index of electricity prices residential customers

Consumption: 1,000 kWh/month

Montréal, QC 100

Winnipeg, MB 126

Vancouver, BC 160

St. John’s, NL 169

Ottawa, ON 171

Miami, FL 175

Moncton, NB 182

Toronto, ON 186

Houston, TX 193

Portland, OR 196

Edmonton, AB 201

Seattle, WA 211

Nashville, TN 218

Calgary, AB 221

Halifax, NS 230

Regina, SK 232

Chicago, IL 235

Charlottetown, PE 236

Detroit, MI 293

San Francisco, CA 392

New York, NY 427

Boston, MA 442

Hydro‑Québec = 100
Monthly bill (excluding taxes)
Rates in effect April 1, 2018.

Inflation and trends in energy prices in Québec
1963-2024

Inflation and trends in energy prices in québec 1963 and 2024

The red line represents the growth in the price of Oil
The blue 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 2024. 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 999. The price index for electricity is 867, compared to 1,256 for natural gas and 3,892 for oil.

Sources: Hydro‑Québec, Régie de l'énergie, Bloomberg Oil Buyer's Guide and Statistics Canada (2024 data for oil and gas).

Comparative index of electricity prices residential customers

Inflation and trends in energy prices in Québec
1963-2024

Detailed report | 2018 Edition