Regulated Price Plan (RPP)*
* RPP rates apply to customers who purchase electricity through Horizon Utilities. Non-RPP rates apply to customers who purchase electricity through a retail contract.
**Rate structure as of November 1, 2014. Time-of-Use rates are set by the Ontario Energy Board (OEB) on May 1st and November 1st of each year.
Find out more about Time-of-Use rates.
The Time-of-Use and Tiered electricity rates have changed, effective November 1, 2014. The result is a total bill increase of 1.68% or $2.15 per month for a residential customer who uses 800 kWh of electricity.
Reason for the price increase
The increase in electricity rates is due to anticipated higher costs of supply, including an increase in the cost of power from rate-regulated nuclear and hydroelectric power plants. The Ontario Energy Board reviews electricity prices twice each year based on updated cost estimates. This is intended to help smooth changes in prices over time.
|Transmission Charge Connection
|Transmission Charge Network
|Variable Distribution Charge - Non-RPP*
|Variable Distribution Charge - RPP*
|Fixed Distribution Charge
||***see below for calculation |
*** The Loss Adjustment calculation is: (Adjusted Usage - Measured Usage) x the current month's electricity rate per kWh. The Loss Adjustment has been included in the Delivery line as of July 1, 2013.
Debt Retirement Charge
Note: Debt Retirement Charge and Variable Distribution Charge are not multiplied by the 4.07% "Adjustment Factor"
View previous rates