BREAKDOWN OF CHARGES
ELECTRICITY COSTS:
This is the cost of the electricity supplied to consumers during the billing period, and is the part of the bill that is subject to competition. The electricity consumed is multiplied by the adjustment factor to account for the small amount of energy lost in the transmission lines. Grimsby Power collects this money and pays this amount directly to their suppliers.
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 the Retailer. Questions concerning the price paid should be directed to the Retailer.
The majority of consumers without a contract pay the regulated price plan rate.
We can help you keep your energy costs down. Check out the Energy Tips in the Conservation section of this website.
Remember, Grimsby Power doesn’t profit on the cost of the commodity. We charge a regulated price for delivering the electricity to your home.
ADJUSTMENT FACTOR: 1.0502
When electricity is delivered over a power line, it is normal for a small amount of power (approximately 5%) to be consumed or lost as heat. Equipment, such as wires and transformers, consume power before the electricity gets to the home or business. The adjustment factor accounts for these losses.
DELIVERY CHARGES include:
Delivery is the cost of bringing electricity from generating stations to your business location. Delivery charges include:
Transmission Charge:
This covers the costs involved in transmitting electricity from generators to the town.
- For General Service - Less than 50kW, the transmission charge is $0.0097 per kWh
- For General Service - Greater than 50kW, the transmission charge is $3.9188 per kW
- For General Service - Greater than 50kW (Interval), the transmission charge is $4.0406 per kW
- For Unmetered Scattered Load, the transmission charge is $0.0097 per kWh
Variable Distribution Charge:
This covers the cost of delivering electricity to your home as well as designing, building and maintaining the distribution system.
- For General Service - Less than 50kW, the distribution charge is $0.0106 per kWh
- For General Service - Greater than 50kW, the distribution charge is $1.7013 per kW
- For General Service - Greater than 50kW (Interval), the distribution charge is $1.7013 per kW
- For Unmetered Scattered Load, the distribution charge is $0.0106 per kWh
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.
- For General Service - Less than 50kW, the customer charge is $27.89 per month
- For General Service - Greater than 50kW, the customer charge is $169.80 per month
- For General Service - Greater than 50kW (Interval), the customer charge is $169.80 per month
- For Unmetered Scattered Load, the customer charge is $12.82 per month
Global Adjustment Factor
A Global Adjustment factor is applied to all non-RPP customers to make up the difference between market rates for electricity and the costs required by generators and transmission components of the electrical supply network. It is calculated on a monthly basis by the IESO. If a consumer is on a retail contract, the Global Adjustment Factor applies to their bill. It is already incorporated into the RPP pricing system and is not shown separately for RPP consumers.
REGULATORY CHARGES
Regulatory Charges are set by the provincial government to recoup costs associated with providing electricity to the market. They include:
Wholesale Market Service: 0.65¢/kWh
This charge covers costs such as market regulation and the management of the system.
*Standard Supply Service (SSS) Rate: $0.25
This is an administration charge of $0.25 stated on a 30-day basis.
* This service charge does not apply to customers who purchase their energy from a retailer.
Debt Retirement Charge: 0.7¢/kWh
This charge was established for the purpose of retiring the debt of the former Ontario Hydro.
