Horizon Utilities | Health, Safety & Wellness

•	Your Options for Buying Electricity
•	How Do I Choose?
•	Retailers

Regulatory Affairs > Electricity Retailers>

How do I Choose?

The best choice will depend on your individual needs and preferences. Take the time to understand the different options and which will suit you best.

Option for Buying Electricity	Key Features
Regulatory Price Plan	Price determined by Ontario Energy Board Price may be subject to adjustment every six months Difference between price you pay and the actual cost to supply you is rolled into next RPP price if you stay. If you leave the RPP, you will need to settle your Regulated Price Plan account with your utility, since the stable price you've been paying may not reflect the cost of electricity up to that time. Provincial Benefit is included in the Electricity price on your bill
Electricity retail contract	Price stated in the contract Price usually fixed for a number of years but may change during the term of the contract Provincial Benefit is a separate line item
Spot market pricing	Price determined by market conditions Price changes every hour Requires an interval meter Provincial Benefit is a seperate line item

Questions to Ask Retailers

If approached at their door or over the phone, customers should ask the following questions of a retailer:

What is the price being offered?
Does this price include the following: electrical energy, transmission & distribution charges, debt reduction charges, market operation charges (regulatory charges)?
Are there any other fees?
Will I continue to receive the Ontario Power Generation (OPG ) rebate?
What charge will be levied if I terminate this retailer contract early?
How long is the contract?
When will the contract take effect?
What will happen to the contract when time-of-use rates come into effect?