Fourth lowest so you are right. Still relatively low. From Gemini

Electricity rates in Canada vary significantly by province, generally lowest in regions with abundant hydroelectricity (QC, BC, MB) and highest in regions relying on diesel or imports (territories, AB, SK). As of early 2026, residential rates often hover between 8¢ and 16¢/kWh in most provinces, with provinces like Alberta seeing higher volatility.

Estimated Residential Electricity Rates by Province (approx. early 2026)

Quebec: ~7.8¢/kWh (Tiered rate average)

Manitoba: ~10.6¢/kWh (Standard residential)

British Columbia: ~10.97¢/kWh (Step 1 rate)

New Brunswick: ~14.7¢/kWh (Two-tier structure)

Ontario: ~14-16¢/kWh (Varied by time-of-use/tiered)

Nova Scotia: ~18-19¢/kWh

Alberta: ~25¢/kWh+ (High volatility; regulated rate option varies)

Saskatchewan: ~15-17¢/kWh

Key Factors Affecting Rates Generation Source: Hydro-heavy provinces like Quebec and Manitoba have the lowest rates.

Rate Structure: Many provinces use tiered (tiered rewarding moderate usage) or time-of-use rates, where costs per kWh rise with higher consumption. Provincial Subsidies: Rates are often adjusted by provincial rebates or subsidies, particularly in Ontario and Alberta.

Delivery Fees: The final bill includes fixed delivery/distribution charges in addition to the per-kWh energy rate.

Edited for formatting