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Electricity Rebates for Ontario Businesses

Businesses that pay the wholesale price for electricity have been receiving rebates on
their electricity bills from Hydro One Brampton affecting the commodity price they pay.

Provincial Benefit
The Provincial Benefit, appearing since January 2005 on the bills of customers using more than 250,000 kilowatt-hours (kWh), accounts for differences between the market price and the price paid to regulated and contracted generators.
NOTE: If you have a contract with a licensed electricity retailer and you consume more than 250,000 kWh/year, you are eligible for the Provincial Benefit.
To date, the Provincial Benefit
has been a credit of:
Month
Rate (¢/kWh)
Jan-June (2005) 0.01
July (2005) 0.60
August (2005) 1.25
September (2005) 1.70
October (2005) 2.00
November (2005) 1.55
December (2005) 0.25
January (2006) 1.45

Rebate on OPG Non-Prescribed Assets (ONPA)
The Government of Ontario has set a price of 4.7¢/kWh on 85% of the output from Ontario Power Generation's (OPG) coal-fired and small hydro-electric operations, which will be lifted on April 30, 2006. Customers paying the wholesale price for electricity can expect to see a refund on their bills next summer for monies collected above the set price*.
*NOTE: Customers with a retail contract may or may not receive this rebate depending on their contract provisions and should contact their electricity retailer for more information.

December
2005
YTD*
Average Hourly
Price
8.39 7.74
Provincial
Benefit
0.25 0.82
Estimated
ONPA Rebate
0.66 0.66
Rate You
Pay
7.48 6.26
*From April 1 - December 31, 2005



 
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All contents Copyright © 1999-2006 Hydro One Brampton. All rights reserved.
Published 1999-03-01. This document was last modified on 2006-03-21.