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COMMERCIAL ELECTRICITY RATES
The Ontario Energy Board announced new electricity prices effective November 1, 2009 for Regulated Price Plan, or RPP, consumers who buy their electricity commodity from a utility.
The new prices, appearing on the “Electricity” line of your hydro bill, are increasing to 5.8 cents per kilowatt hour for the first 750 kilowatt hours you use per month and 6.7cents per kilowatt hour above that level. For the rate transition period, bills will be pro-rated. This is due to the fact that most customer bills will include pre and post November 1, 2009 charges and will show the energy consumed on separate lines at both the old and new rates.
BREAKDOWN OF CHARGES
COMMODITY CHARGES:
This is the cost of electric commodity supplied during the billing period. Grimsby Power collects and passes on this charge directly to Retailers for customers with a contract and to the electricity suppliers for customers without a contract.
Customers with a contract pay the price made between them and their Retailer. Grimsby Power only invoices customers for the commodity price given to us by your Retailer. Questions concerning the price paid should be directed to your Retailer.
General Service customers that use less than 250,000 kilowatt hours annually without a contract pay the regulated price plan rate.
Commodity Rates effective November 1, 2009
• 5.8¢/kWh for the first 750 kWh used per month
• 6.7¢/kWh for the remaining kWh used per month
DELIVERY CHARGES:
Delivery is the cost of bringing electricity from generating stations to your home or business. Delivery charges include:
Transmission Charge:
Transmission includes the cost of designing, building and maintaining the transmission system that carries electricity from generating stations to municipalities. This is the cost to deliver the electricity to us from the generation system.
Distribution Charge:
Distribution refers to the cost of designing, building and maintaining the distribution system, which connects your home or business to the rest of the electricity transmission and generation system. This is the cost to deliver the electricity to you.
Customer Charge:
This is a charge for fixed costs that do not change with your consumption, such as meter reading and billing. The customer charge is stated on a 30-day basis.
Delivery Charges – Business (General Service):
UNMETERED COMMERCIAL
Customer Charge per month $12.84
Distribution Charge per kWh $0.0106
Transmission Charge per kWh $0.0097
GENERAL SERVICE - Monthly Demand less than 50kW
Customer Charge per month $25.96
Distribution Charge per kWh $0.0106
Transmission Charge per kWh $0.0097
GENERAL SERVICE - Monthly Demand greater than 50 kW
Customer Charge per month $166.19
Distribution Charge per kW $1.7084
Transmission Charge per kW $3.8947
GENERAL SERVICE - Monthly Demand greater than 50 kW Interval
Customer Charge per month $166.19
Distribution Charge per kW $1.7084
Transmission Charge per kW $4.0214
Note: A Provincial Benefit is applicable for non RPPcustomers.
CHARGES:
Debt Retirement Charge: 0.7¢/kWh
This charge is to retire the debt of the former Ontario Hydro.
Wholesale Market Service Charge: 0.65¢/kWh
This charge covers costs such as market regulation and the management of the system.
Standard Supply Service (SSS) Rate:
Standard Supply Service (SSS) Rates
Administration Charge * per month $0.25
SSS Rate (non-interval meter) per kWh WAHSP**
SSS Rate (interval meter) per kWh Spot Market Price
* Administration Charge is added to the Customer Charge when billed.
** Weighted Average Hourly Spot Price (WAHSP) calculated in accordance with the Retail Settlement Code.
Other sources of information about electricity and rates are:
Ontario Energy Board Call Centre: 1-877-632-2727 (toll-free)
Ministry of Energy: 1-888-668-4636 (toll-free)
Independent Electricity System Operator (IESO): 1-888-448-7777 (toll-free)