Commercial Rates

 

Grimsby Power commercial customers pay for electricity based on different rates depending on their demand and usage.  Small commercial customers that have a demand less than 50 kW pay the same Time-of-Use rates that residential customers pay, with the exception of those enrolled with an energy retailer.  

Large commercial customers with a demand over 50 kW pay the Hourly Ontario Energy Price (unless enrolled with an energy retailer), plus Global Adjustment.   

The link below provides the Time-of-Use rates and price periods for both summer and winter that would be applied to small commercial customers.

Ontario Energy Board Time of Use Rates

The link below provides the current Hourly Ontario Energy Price for customers with demand over 50kW (see Price).

Current Hourly Ontario Energy Price

Other charges on your electricity bill, including delivery and regulatory charges are available on the Tariff of Rates and Charges as approved by the OEB.  Small commercial customers fall under the General Service Less than 50 kW Service Classification.  Large commercial customers fall under the General Service 50 to 4,999 kW Service Classification.

Grimsby Power’s Current Tariff of Rates and Charges

 

WHAT'S NEW?

Recent news

Starting January 1, 2021, a portion of renewable energy contract costs will be funded by the Ontario government instead of electricity customers. This will lower electricity bills for large and mid-sized commercial and industrial consumers who do not participate in the Regulated Price Plan (RPP) or receive the Ontario Electricity Rebate (OER) by reducing Global Adjustment (GA) costs. Class A consumers could see savings of about 15 per cent on their bills, while non-RPP Class B consumers could see savings of about 16 per cent on their bills*. Actual savings will vary depending on customers’ location and electricity consumption. RPP customers who receive the OER, such as residential, small business and farm consumers, will receive an adjusted rebate percentage starting January 1, 2021, to keep the average residential bill flat compared to November 2020. For a temporary period of 28 days starting January 1, 2021, all RPP customers, including those paying both time-of-use and tiered rates, will also benefit from being billed at the off-peak rate for 24 hours a day, seven days a week. *In 2021, Class A and Class B consumers could see savings of about 11% and 12%, respectively, due to the Global Adjustment (GA) deferral repayment in effect for 12 months starting January 2021.

READ ALL ARTICLES
Reduction in Global Adjustment
on Jan 11, 2021

Starting January 1, 2021, a portion of renewable energy contract costs will be funded by the Ontario government instead ...

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Fixed 8.5¢/kWh Electricity Pricing Effective January 1 – 28, 2021
on Dec 29, 2020

The province-wide shutdown means that more people will be staying home or running their small businesses from home ...

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Approved Rate Change Effective January 1, 2021
on Dec 16, 2020

On August 17, 2020, Grimsby Power filed an IRM application with the Ontario Energy Board (OEB) for rates effective Janua ...

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Customer Choice - Effective November 1, 2020 Customers Can Opt Out of Time-of-Use Pricing
on Oct 13, 2020

Effective November 1, 2020 customers paying electricity based on Time-of-Use rates, On, Mid and Off peak, can opt out of ...

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Go Paperless to Support GBF
on Jul 31, 2020

Together we can do more. Grimsby Power is asking its customers to help those in need by switching to e-billing.

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Rate Change Effective January 1, 2021
on Sep 2, 2020

Grimsby Power has applied to the Ontario Energy Board for a change in rates effective January 1, 2021 ...

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COVID-19 Energy Assistance Program (CEAP)
on Jul 13, 2020

CEAP provides a one time, on-bill credit to eligible residential electricity customers.

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