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Canada: how much can you actually save by switching?

The regulator itself found switching often doesn’t pay in Ontario — compiled August 2026.

Ontario’s own energy regulator found retail contracts rarely beat the regulated rate

The Ontario Energy Board reviewed five-year residential retailer contracts and concluded it was “extremely unlikely” that consumers would save money versus staying on the regulated rate — none of the contracts it analysed would have beaten it. Retail market share in Ontario fell from 16% (2006) to 6.3% (2013) as a result. Alberta has a genuinely competitive market, but no regulator has published a clean average-savings figure there either. In most other provinces there’s a single provincial utility and no switching decision to make at all.

Source: Ontario Energy Board, “Consumers Come First” report

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Complete a switch through one of our approved Canada partners and get a pair of Warrior Headphones, worth C$170 — on top of the partner’s own offer.

Savings estimates are averages/typical figures from the cited regulator or market source, compiled August 2026 — your actual saving depends on your current tariff and usage. This is not financial advice.