| Time of Use Pricing
Beginning in the October 2011, Fort Frances Power Corporation customers will be charged for their electricity based on WHEN they use power as well as how much they use. This is called Time of Use (TOU) pricing.
In the electricity market, prices rise and fall over the day and tend to drop over night. TOU rates vary—depending on the time of day, the day of week (week or weekend, and holidays) and the season (summer or winter).
With rates that vary, the Province will provide an incentive to shift and/or reduce electricity consumption at times of peak demand. Here are the three TOU periods:
On Peak the cost of energy and demand are highest.
On Peak |
the cost of energy and demand are highest. |
Mid-Peak |
the cost of energy and demand are moderate. |
Off-Peak |
the cost of energy and demand are lowest. |
Currently, TOU rates are charged based on the following pattern:
Another way to express the same information is:
| Dates |
Day |
breakfast |
midday |
supper |
evening |
| May 1 - Oct 31 |
Monday - Friday |
mid peak |
on peak |
mid peak |
off peak |
| May 1 - Oct 31 |
Sat, Sun & Holidays |
off peak |
off peak |
off peak |
off peak |
| |
|
|
|
|
|
| Nov 1 - Apr 30 |
Monday - Friday |
on peak |
mid peak |
on peak |
off peak |
| Nov 1 - Apr 30 |
Sat, Sun & Holidays |
off peak |
off peak |
off peak |
off peak |
Both the cost of energy and the hours for each time period are reviewed by the Ontario Energy Board. They are set every six months by May 1st and November 1st.
As of November 1, 2011, the cost* of different periods are as follows:
- off peak - 6.2 cents
- mid peak - 9.2 cents
- on peak - 10.8 cents
This is the cost of the volume of electricity that you use and does not include delivery and regulatory charges on your bill.
*Those customers who have a contract with an electricity retailer will continue to be charged according to the contract that they signed.
Fort Frances Power Corporation |
Rates/kwh
Effective October 1, 2011 |
Residential |
General
Under 50 kW |
General
Over 50 kW |
Commodity Charges
Purchased Electricity Charges
Paid to the Independent Electricity System Operator |
|
Time of Use |
Time of Use |
Hourly Ontario
Energy Price |
Fort Frances Power Agreement Credit
Paid to FFPC customers for benefits
realizied under the historical mill agreement |
FFPC Customers Only
(Does not apply to consumers enrolled with a Retailer) |
($0.0100) |
($0.0100) |
($0.0100) |
Delivery Charges
Distribution Charges
Paid to the Fort Frances Power Corporation.
|
Fixed Monthly |
$14.52 per month |
$31.45 per month |
$245.25 per month |
| Volumetric |
$0.0087 |
$0.0065 |
3.5459/kW |
Transmission Charges
Paid to Hydro One |
Network |
$0.0061 |
$0.0056 |
2.2829/kW |
| Connection |
$0.0017 |
$0.0015 |
0.6013/kW |
Regulatory Charges
Wholesale Market Service Charges
Paid to the Independent Electricity System Operator |
Wholesale Market Service |
$0.0065 |
$0.0065 |
$0.0065 |
| Paid to the Fort Frances Power Corporation |
Standard Supply per bill |
$0.2500 |
$0.2500 |
$0.2500 |
Debt Retirement Charge
Paid to the Ontario Electricity Financial Corporation |
Debt Retirement |
$0.0047 |
$0.0047 |
$0.0047 |
Ontario Clean Energy Benefit
Ontario Goverment has taken 10% off your bill to help you with the cost of building a clean energy future. |
Ontario Clean Energy Benefit OCEB |
(-10%) off all charges |
(-10%) off all charges |
Only Regulated Price Plan Customers are eligible. |
|
