Understanding Electricity Rates in Ontario
Save on Energy
September 12, 2024 at 10:00 AM - 11:00 AM EDT

Are you involved in the budgeting process for your organization or facility? Are you interested in learning more about the costs associated with climate and emissions regulations and the impact of grid emissions on operating and capital plans. Join us for the first of three webinars in our budgeting series on electricity rates.

In this session, participants will gain a better understanding of Ontario electrical rate pricing including wholesale, time-of-use, and tiered pricing. We will discuss the Hourly Ontario Energy Price (HOEP), the global adjustment and its components, as well as the difference between Class A and Class B consumers. We will also take a look at the Industrial Conservation Initiative (ICI) and how participating can impact consumer electricity pricing.

In this informational webinar, participants will:

► Increase their knowledge of components included in the total commodity cost of electricity in Ontario

► Understand the difference between wholesale, time-of-use, and tiered pricing

► Obtain more information on the difference between Class A and Class B customers as well as the Industrial Conservation Initiative

Participants will learn about:

1) Wholesale, time-of-use, and tiered pricing

2) The Hourly Ontario Electricity Prices (HOEP) and Global Adjustment (GA)

3) Class A and the Industrial Conservation Initiative