Detailed explanation on reading your Horizon Utilities bill |
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This includes the four different parts of
your total electricity charges.
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This is the cost of the electricity supplied to you
during this billing period and is the part of the bill that is subject
to competition. Horizon Utilities Corporation collects this money and
pays this amount directly to our electricity suppliers. The electricity consumed is multiplied by the adjustment factor*. |
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These are the costs of delivering electricity from
generating stations across the Province to Horizon Utilities
Corporation, then to your home or business. This includes the costs to
build and maintain the transmission and distribution lines, towers and
poles and operate provincial and local electricity systems.
A portion of
these charges are fixed and do not change from month to month. The rest
are variable and increase or decrease depending on the amount of
electricity that you use.
Current Rates: as of May 1, 2008
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Regulatory charges are the costs of administering the wholesale electricity system and maintaining the reliability of the provincial grid.
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The debt retirement charge pays down the debt of the former Ontario Hydro.
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The graph reflects your billed usage, (actual or estimated) and allows you to compare your daily electrical consumption with previous months billing.
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This area shows your meter type(s), meter number(s), read type (actual/estimated), the meter reading(s), the read date, consumption, billing multiplier, the adjustment factor, and your total adjusted consumption.
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This shows your water and sewage charges for the billing period
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This graph reflects your billed usage, (actual or estimated) and allows you to compare your current water consumption to previous billings.
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Adjustment Factor: When electricity is delivered over a power line, it is normal for a
small amount of power to be consumed or lost as heat. Equipment such as
wires and transformers consume power before it gets to your home or
business. The adjustment factor accounts for these losses.
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