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Westario Power Residential Rates and Pricing
| CHARGES |
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| Fixed Customer Service |
$12.22* |
| Volumetric Distribution |
$0.0169/kWh |
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Wholesale Market Service1
Special Purpose Charge1
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$0.0065/kWh
$.0003725/kWh |
| Network Service1 |
$0.0055/kWh |
| Transmission Connection Service1 |
$0.0041/kWh |
| Debt Retirement |
$.007/kWh** |
| Cost of Power1 |
$0.065/kWh
(First 600 kWh-May-Oct)
(First 1000 kWh-Nov-Apr)
$.075 kWh
(Balance kWh) |
| Administration Charge |
$0.25/bill (SSS only) |
| GST |
5% |
NOTE:
1 Consumption is uplifted by the loss factor of 1.0788
2 The Administration Charge does not apply to customers that purchase their energy from a retailer
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Rates shown above are effective May 1, 2010
* Charge is pro-rated depending on number of days in the billing period
** Debt Retirement Charge-is set by the Ministry of Finance to pay down the debt of the former Ontario Hydro. All electric utilities and retailers collect the Debt Retirement Charge from consumers. Although this debt was acquired in the past, the facilities that were financed by the debt are still in use and continue to supply electricity to consumers today.
For the majority of customers in Ontario, the Debt Retirement Charge is 0.7 cents per kilowatt-hour (kWh), therefore the charge on your bill will vary with your electricity use. The Ontario Electricity Financial Corporation (OEFC) reports $982 million in revenue was collected in 2009 from the Debt Retirement Charge.
The OEFC estimates the debt will likely be retired between 2014 - 2018. This estimate has been updated from the previous estimate of 2012 - 2020.
For further information on the Debt Retirement Charge, please refer to http://www.oefc.on.ca/debtmanage.html
Other items on your bill, if you have signed with an electricity retailer-If you have signed a contract with an independent electricity retailer, in addition to the above there will some other items on your bill. These include:
* A Provincial Benefit line: It can be a credit or a charge to you, and is your share of the difference between government regulated and contract prices for electricity paid to certain generators and the market prices they would have received had they not been subject to government regulation or contracts. If you buy electricity under the Regulated Price Plan, an estimate of this amount is already reflected in the stable price for electricity set by the OEB, shown on the "Electricity" line of your bill. If you buy from an electricity retailer, the Provincial Benefit is not included in the contract price offered by the retailer, so on your bill it's shown as a separate item.
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