Toronto Hydro received approval from the Energy Board (OEB) to change its Delivery rates effective January 1, 2019.
The Delivery Charge covers the cost of delivering electricity from the generator to Toronto Hydro, and then to your home or business. This includes the costs to build and maintain the transmission and distribution lines, towers and poles and to operate provincial and local electricity systems. Some of these charges are fixed and do not change from month-to-month. Others are variable and increase or decrease depending on the amount of electricity that you use.
The Delivery Charge also includes the cost of electricity lost or consumed as heat through distributing electricity from equipment such as wires and transformers, before it gets to your home. Toronto Hydro collects and pays this money to its suppliers. Costs collected for transmission and operating the provincial grid are passed on, without mark-up, to Hydro One.
This charge covers the costs involved to transmit electricity from generators to the city. Toronto Hydro passes this cost through to you, without mark-up. The increase in the Transmission Charge by 0.123¢ per kWh reflects the cost of transmission services provided by Hydro One to Toronto Hydro.
Customer charges amount to $31.65 per 30 days and include the Customer Charge and fixed Rate Riders outlined below.
- Customer Charge
- The Customer Charge, together with the Distribution Charge, covers the costs Toronto Hydro incurs to deliver electricity to your home, building and maintaining the distribution system, administration, and billing. The increase of $3.78, approved by the OEB, reflects an increase in Toronto Hydro’s costs to provide distribution services. As mandated by the OEB, the distribution charge is gradually moving to a fully fixed monthly customer charge. During the transition period, the fixed customer charge will be progressively increased and the consumption-based distribution charge will be reduced.
- Charge: $30.58 per 30 days
- Rate Rider for Smart Metering Entity Charge Rate Rider
- On March 1, 2018 the OEB approved a decrease of Smart Metering Entity Charge to be collected from Residential and General Service < 50 kW customers effective April 1, 2018, on behalf of the Smart Meter Entity (SME). This charge recovers costs incurred by the SME to collect, manage, store and retrieve information related to the metering of these customers’ electricity usage in Ontario.
- Charge: $0.56 per 30 days
- Rate Rider for Recovery of the Gain on the Sale of Named Properties
- The charge recovers the difference between the estimated gains reflected in past rates and the actual gains achieved from the sale of properties.
- Charge: $0.04 per 30 days
- Rate Rider for Recovery of Hydro One Capital Contributions Variance
- The recovery reflects the difference between amounts included in past rates for Hydro One capital payments and actual payments.
- Charge: $0.01 per 30 days
- Rate Rider for Application of IFRS – 2014 Derecognition
- This charge reflects required changes in accounting rules affecting distribution rates.
- Charge: $0.18 per 30 days
- Rate Rider for Recovery of 2015 Foregone Revenue
- The charge reflects the OEB-approved costs to operate Toronto Hydro’s distribution system during 2015 that were not previously collected.
- Charge: $0.19 per 30 days
- Rate Rider for Recovery of 2016 Foregone Revenue
- This charge reflects the OEB-approved costs to operate Toronto Hydro’s distribution system during the first two months of 2016 that were not previously collected.
- Charge: $0.09 per 30 days
Distribution charges amount to 0.921¢/kWh and include Distribution Charge and most variable Rate Riders outlined below.
- Distribution Charge
- The Distribution Charge, together with the Customer Charge, covers the costs Toronto Hydro incurs to deliver electricity to your home, build and maintain the distribution system, administration and billing. The OEB approved a decrease of distribution charge by -0.781¢/kWh. As mandated by the OEB, the distribution charge is gradually moving to a fully fixed monthly customer charge. During the transition period, the fixed customer charge will be progressively increased and the consumption-based distribution charge will be reduced.
- Charge: 0.846¢/kWh
- Rate Rider for Disposition of Deferral/Variance Account
- The credit reflects the clearance of residual balances for accounts relating to variances for a number of energy related pass through costs.
- Charge: (0.054¢)/kWh
- Rate Rider for Disposition of Lost Revenue Adjustment Mechanism Variance Account (LRAMVA)
- This charge reflects variances between OEB-approved and actual conservation program results.
- Charge: 0.126¢/kWh
- Rate Rider for Disposition of Capacity Based Recovery Variance Sub-Account
- The charge recovers the difference between the cost of the CBR program in the wholesale energy market and CBR amounts billed to Class B customers.
- Charge: 0.003¢/kWh
- Rate Rider for Disposition of Global Adjustment Variance Account
- This charge reflects the variance between Global Adjustment paid to the IESO and collected from customers. This Rate Rider only applies to customers who are not on the Regulated Price Plan (Non-RPP), enrolled with a retailer contract.
- Charge: 0.068¢/kWh