Myth
Rate D does indeed have two-tiered pricing:
- 6.319¢/kWh for energy consumed up to 40 kWh per day times the number of days in the consumption period (1st tier)
- 9.749¢/kWh for the remaining energy consumed (2nd tier)
We do not bill based on your daily consumption. We take into account your total consumption during the consumption period, which is more beneficial for you.
For example, if your consumption period covers 62 days, 2,480 kWh (40 kWh per day × 62 days = 2,480 kWh) will be billed at the first-tier price. Any remaining energy consumption will be billed using the second-tier price.
Myth
The heritage pool and the price of the first 40 kWh used per day at Rate D are two different things.
-
Heritage pool:
Hydro‑Québec Production supplies Hydro‑Québec Distribution with a block of energy of 165 TWh of electricity per year at a competitive price for the Québec market. This is commonly referred to as the heritage pool. It ensures a reduced rate for Quebecers.
-
Price for the first 40 kWh used per day under Rate D (6.319¢/kWh):
This price, approved by the Régie de l’énergie, is determined based on several factors such as electricity supply (including the heritage pool), power transmission, distribution system operation and maintenance, and customer service. The heritage pool is one of the factors used to set our rates.
Fact
Our rates for residential customers are indeed the lowest in North America. For over 50 years, electricity prices in Québec have increased more or less at the same rate as inflation.
See our publication Comparison of Electricity Prices in Major North American Cities.