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Ontario Residential Electricity Information

As a residential customer, you are likely on the Regulated Price Plan (RPP), unless you have signed a contract. This applies to single family homes and multi-res buildings. You will be paying the following until May 1st, 2010:

  • 5.8¢/kWh for the first 600 kWh/month summer and 1,000 kWh/mo winter, then 6.7¢/kWh for remaining use.
  • This is not a fixed price. If it costs the utility more for the electricity than you are paying, the deficit will be built into the next price change. Over the long term, the RPP rate group pays the open market spot price.
  • When you exit the RPP, there are 2 adjustments.
     - You will either receive a credit from, or be asked to pay into a variance account. Currently you will receive a credit. Check here.
     - The Provincial Benefit line will be added to your bill. This may be a rebate or a surcharge, depending on the spot market price.
  • "Regulated Price Plan" applies to residential dwellings (single family and multi-res) and any account under 250,000 kWh per year.

Rebates and Refunds - Where do you fit?

Provincial Benefit

This is a monthly bill adjustment, either a surcharge or a rebate. n order to guarantee an adequate supply of electricity ihn Ontario, the provincial agencies fellt it necessary to sign supply contracts with some generators. These are for nuclear, water power, or renewable energy such as windmills. The Provincial Benefit was initially envisioned as a rebate, as indicated in its title, and it has occasionally been a rebate in its history. It guarantees that Ontario consumers will pay a set price for that electricity. If the market price is over that, the difference is returned as a rebate. If the market price is les than that, there is a surcharge. The price cap increases gradually as renewable generation and other projects are added to the mix.

ONPA Rebate (aka BPPR, OPG or MPMA) has now ended.

Consumers not eligible for the price cap have received a rebate, now called the ONPA (Ontario Non Prescribed Assets) rebate. This was payable to all consumers of electricity, except those who have specifically assigned it to a marketer. It is incorporated into the Regulated Price Plan. After 3 years, this was not renewed and ended April 30th 2009 If you want more detail on the rebates, please go to the Independent Electricity System Operator (IESO) site.

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