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
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.
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