The Ontario Energy Board allows for three alternative rate-setting methods by electricity distributors: Price Cap Incentive Rate-setting (Price Cap IR), Custom Incentive Rate-setting (Custom IR), and Annual Incentive Rate-setting Index (Annual IR Index). Grimsby Power Inc. uses the Price Cap Incentive Rate-setting method to apply for rate approval. This method allows for rate rebasing every five years. In the rate rebasing year Grimsby Power submits a full Cost of Service application. In between Cost of Service applications Grimsby Power will apply for a mechanistic increase to distribution rates (an IRM Application).
IRM Applicaiton 2024
Rate Application - Rate Effective January 1, 2024
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IRM Application 2023
Rate Application - Rates Effective January 1, 2023
Tariff of Rates and Charges Effective January 1, 2023
Cost of Service Application January 1, 2022
Grimsby Power has submitted a full Cost of Service application to the Ontario Energy Board with proposed rates effective January 1, 2022.
To view the application and excel models that support the application click here to go to the full application posted on the OEB's website.
Grimsby Power Rates and Charges Effective January 1, 2022
IRM Application 2021
Rate Application - Rates Effective January 1, 2021
Tariff of Rates and Charges Effective January 1, 2021
IRM Applicaiton 2020
Rate Application - Rates Effective January 1, 2020
Tariff of Rates and Charges Effective January 1, 2020
You could get a monthly, on-bill credit of $35 or more. The OESP credit amount depends on how many people live in the home and the combined annual household after tax income. Effective March 1, 2024 income eligibility thresholds change making more homes eligible for the credit. Beware of energy scams: Home energy assessments, audits, inspections and home visits are not required to apply for the OESP. Apply now or learn more at OESP.ca
READ ALL ARTICLESYou could get a monthly, on-bill credit of $35 or more ...
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