Energyshop.com - "Saving you money is our expertise."
Electricity Natural Gas Dual Fuel Conservation Contact Us Forums  News   Links  Site Map
I'm a Residential Customer
I'm a Business Customer

Ontario Residential Electricity Information

As a residential customer, you are a Designated Consumer, (applies to single family and multi-res buildings). You will be paying the folliwing until Oct 30, 2008:

  • 5.0¢/kWh for the first 600 kWh/month, then 5.9¢/kWh for remaining use.
  • This price is set until Oct 30 2008, but 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.
  • To compare fixed price contracts to the RPP, subtract about 1 ¢/kWh from the contract prices for the rebates that you will receive. Click here for details.
  • "Regulated Price Plan" appliles to residential dwellings, any account under 250,000 kWh per year, municipalities, universities, schools, hospitals, special care facilities, apartments, condominiums and registered charities.

    • Rebates and Refunds - Where do you fit?

    ONPA Rebate (aka BPPR, OPG or MPMA)

    Consumers not eligible for the price cap have received a rebate, now called the ONPA (Ontario Non Prescribed Assets) rebate. It is essentially a continuation of the rebate that has been variously called the BPPR (Business Protection Plan Rebate, the MPMA rebate (Market Power Mitigation Agreement), or the OPG (Ontario Power Generation) rebate. This is payable to all consumers of electricity, except those who have specifically assigned it to a marketer. It is incorporated into the Regulated Price Plan.

    It is calculated as 85% of the difference between the spot price and the revenue cap of 4.7 cents on about 33% of OPG's assets. (Yeah, I know. What the heck does that mean.) Think of it as being guaranteed a price of 4.7 cents for 25% of your consumption. This was expected to end on April 30, 2006, but has been extended into 2008 and will likely last until the coal generating stations are closed.

    Provincial Benefit

    This is a monthly bill adjustment to allow Ontarians to benefit from the generating stations owned by Ontario Power Generation (OPG) that have already been built, and largely paid for. The government wants to have Ontarians pay only the production cost for that electricity, not the market price. The price cap paid to OPG has increased over the past couple of years and is about 5.3 cents now. This rebate is scheduled to end in spring 2008. If you want more detail on the rebates, please go to the Independent Electricity System Operator (IESO) site.

    Tired of paying too much for long distance? Explore your long distance choices for free at Telecomparisons.com.