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Electricity Rates

 

Electricity Distribution Rates Effective May 1, 2013

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Residential Service
MONTHLY RATES AND CHARGES — Delivery Component
Service Charge $ 18.44
Rate Rider for Disposition of Residual Historical Smart Meter Costs - effective until December 31, 2014 $ 1.04
Rate Rider for Recovery of Stranded Meter Assets - effective until December 31, 2014 $ 1.50
Distribution Volumetric Rate $/kWh 0.0199
Low Voltage Service Rate $/kWh 0.0002
Rate Rider for Disposition of Deferral/Variance Account (2013) - effective until December 31, 2014 $/kWh (0.0009)
Rate Rider for Disposition of Global Adjustmenst Sub-Account (2013) - effective until December 31, 2014    
        Applicable only for Non-RPP Customers $/kWh 0.0021
Rate Rider for Application of Tax Change – effective until April 30, 2013 $/kWh (0.0005)
*Retail Transmission Rate – Network Service Rate $/kWh 0.0066
*Retail Transmission Rate – Line and Transformation Connection Service Rate $/kWh 0.0053
     
MONTHLY RATES AND CHARGES — Regulatory Component
*Wholesale Market Service Rate $/kWh 0.0052
*Rural Rate Protection Charge $/kWh 0.0011
Standard Supply Service – Administrative Charge (if applicable) $ 0.25

*These line items of electricity consumed are multiplied by a loss factor. When electricity is delivered over a power line, it is normal for a small amount of power to be consumed or lost as heat. Equipment, such as wires and transformers, consumes power before it gets to your home or business. The loss factor (or adjustment factor) accounts for these losses.
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Cost of Power (Regulated Price Plan)
Up to certain threshold $/kWh 0.074
Over threshold $/kWh 0.087

For residential RPP customers the threshold has been set at 600 kilowatt hours during the summer season (May to October) and 1000 kilowatt hours during the winter season (November to April). The threshold for non-residential customers that are eligible under the RPP will remain at 750 kilowatt hours per month.

These Cost of Power (Regulated Price Plan) rates and thresholds are set by the Ontario Energy Boad and are subject to change.
Cost of Power (Time Of Use)
Off Peak $/kWh 0.0670
Mid Peak $/kWh 0.1040
On Peak $/kWh 0.1240

TOU billing divides a consumer’s electricity consumption into three different time periods; on-peak, mid-peak and off-peak. Each time period has a corresponding rate that will be charged for electricity used during that time. On-peak electricity rates are the highest, off-peak electricity rates are the lowest and mid-peak rates fall somewhere in between. While weekends and holidays are always off-peak, TOU periods for weekdays change seasonally and are subject to change
Specific Service Charges
Late Payment % 1.5
N.S.F. Cheques $ 15.00
Collection of Accounts $ 30.00
Reconnection at Meter during regular working hours $ 65.00
Reconnection at Meter after regular working hours $ 185.00
Reconnection at Pole during regular working hours $ 185.00
Reconnection at Pole after regular working hours $ 415.00
Move Charge — Change of Occupancy $ 30.00
Arrears Certificate — Request by Lawyers or Customer $ 15.00
Payment History — Request by Customer $ 15.00

*HST is applied to all consumption and fees.
*All of the above rates are net. Any unpaid balances after the due date are subject to an Interest Charge of 1.5% per month, compounded monthly (19.56% per annum).
*Additional charges for collection of account and disconnection will apply on accounts in arrears.