Why are my rates increasing? I thought my rates were frozen for five years.
We have frozen your base distribution rates for a five-year period that started in August 2020.
However, this rate protection doesn’t include the increase in transmitting electricity over the high voltage system.
How much is the 1% rate reduction to my distribution rates?
Rate Class |
Reduction to distribution service charge ($/month) |
Reduction to distribution volume charge (¢/kWh or $/kW) |
Residential
|
$0.23
|
N/A
|
General Service Energy
|
$0.31
|
0.01¢
|
General Service 50 kW to 4,999 kW
|
$1.60
|
$0.0273
|
Large Use
|
$64.41
|
$0.0075
|
What rates and charges are included in the Delivery line?
Delivery charges are made up of the following items:
Distribution rates are designed to recover our costs for the poles, wires, meters, stations that are used to deliver electricity to your home or business, as well as the costs related to meter reading, billing, and customer service. Distribution rates include:
a monthly service charge that does not change no matter how much electricity you use, and
a distribution volumetric rate that varies based on how much electricity you use (this doesn’t apply to residential customers).
A low voltage service rate that varies based on how much electricity you use.
A smart meter entity charge of $0.57 per month that we collect on behalf of the IESO. This charge is effective until December 31, 2022 and only applies to residential and general service energy-billed customers.
Cost or credit adjustments (also known as rate riders) – one-time adjustments to reconcile for costs or surpluses incurred while providing electricity to customers.
Transmission rates recover the costs to operate and maintain the high-voltage transmission system and vary based on how much electricity you use.
An adjustment for line losses.
When will I see 2022 delivery rates reflected on my bill?
Customers will see this increase on their bill on or after January 7, 2022.