Global Adjustment (GA)
|Wholesale metered||Charged 1st estimate, 2nd estimate or actual GA rate based on consumption (determined by LDC or your retail contract)
|Small business and residential|
|Time-of-use prices||GA rate included in these prices (determined by the Ontario Energy Board)
|Consumers that participate in the ICI||An annual determination of their coincident peak demand specifies their share of GA costs|
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|May 1, 2018 to April 30, 2019||-4.438¢ per kWh||OEB Report: Regulated Price Plan Prices and the Global Adjustment Modifier for the Period May 1, 2018 to April 30, 2019|
|July 1, 2017 to April 30, 2018||-3.29¢ per kWh||OEB Report: Regulated Price Plan Prices and the Global Adjustment Modifier for the Period July 1, 2017 to April 30, 2018|
The following table presents the monthly amounts recorded in the Fair Hydro variance account, which includes amounts of deferred GA.
|Jul 2017||Aug 2017||Sep 2017||Oct 2017||Nov 2017||Dec 2017|
- The April 2018 to November 2018 balance of –1,947.2 was financed through a provincial funding transaction. Going forward the Province will fund the balance amount monthly.
- An asset transfer of the March 2018 balance of -149 was made to the Fair Hydro Trust.
- An asset transfer of the December 2017 to February 2018 balance of -460 was made to the Fair Hydro Trust.
- An asset transfer of the July 2017 to November 2017 balance of -1,179 was made to the Fair Hydro Trust.
*Includes balance in the account for RPP prior to July 1, 2017. Note this number was updated on October 19, 2017.