Ontario Energy Board Releases Regulated Price Plan Generation Rates

The Ontario Energy Board released Regulated Price Plan (RPP) electric commodity rates for the period November 1, 2010 through April 30, 2011.

The standard tiered residential RPP rates are (figures Canadian):

• 6.4¢/kWh up to 1,000 kWh each month
• 7.4¢/kWh above that

Non-residential RPP rates for small volume customers are the same, except that the threshold for the second tier is at 750 kWh, rather than 1,000 kWh.

Time-of-use (TOU) prices for residential and non-residential customers are as follows:

• On-peak: 9.9¢/kWh
• Mid-peak: 8.1¢/kWh
• Off-peak: 5.1¢/kWh

The Board said that, "[a]s part of its commitment to ensuring that TOU pricing is fair to consumers and appropriately encourages shifting electricity use away from higher priced peak periods, the Board is initiating a consultation process to review the methodology used for setting TOU prices."

"Preliminary work on this review, which was identified in our 2010-2014 business plan, began in the summer. As part of the consultation, in the near future the Board expects to release an analysis of the current TOU pricing structure and methodology compared to practices and experience elsewhere," the Board said.