Electricity Rates
By Government mandate, the Ontario Energy Board (OEB) sets the rates that ERTH Power charges for the electricity you use in your home or small business. These rates appear on the Electricity line of your bill. The OEB also sets the Delivery rates that cover the cost to deliver electricity to most residential and small business customers.
All of these charges, except the distribution charge, are collected on behalf of and passed on to other parties.
To view the current rates, select the appropriate customer category below.
Electricity Charge
This is the cost of the electricity supplied to you during a billing period and is the only part of your bill that is subject to competition.
The Ontario Energy Board (OEB) sets the Regulated Price Plan (RPP) prices based on its forecast of the cost to supply households and small businesses over the next 12 months. In addition to providing stable and predictable electricity pricing, these prices are designed to recover the payments made to the electricity generators that produce power.
Delivery Charge
The delivery charge covers the costs of delivering electricity from generating stations across Ontario to Hydro Ottawa and then to your home. It includes the costs to build and maintain transmission and distribution lines, towers and poles, and to 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.
Regulatory Charges
The Independent Electricity System Operator (IESO) uses this money to manage the supply and demand of electricity throughout the Province of Ontario.
Global Adjustment
The Global Adjustment is the difference between that guaranteed price and the money the generators earn in the wholesale marketplace. The Global Adjustment also covers the costs of some conservation programs.
All electricity consumers have to pay a share of the Global Adjustment. The Time-of-Use, Ultra-Low Overnight and Tiered prices charged by your electricity utility already include an estimate of the Global Adjustment. If you sign up for a contract with an energy retailer, you have to pay your share of the Global Adjustment on top of the contract price. The Global Adjustment will also appear as a separate line on your bill.
Visit the Independent Electricity System Operator (IESO) website for more information on the Global Adjustment.