The Customer Charge, together with the Distribution Charge, covers the costs Toronto Hydro incurs in delivering electricity to your business, building and maintaining the distribution system, administration, and billing.
The Distribution Charge, together with the Customer Charge, covers the costs Toronto Hydro incurs to deliver electricity to your business, build and maintain the distribution system, administration and billing.
The Transmission Charges are variable charges based on a per kWh or kW basis, depending on the rate class. These charges cover the costs involved in transmitting electricity from generators to the city. Toronto Hydro passes this cost through to you, without mark-up.
Rate Rider for Smart Metering Entity Charge
On March 1, 2018 the Ontario Energy Board approved a decrease in Smart Metering Entity Charge to be collected from General Service < 50 kW customers effective April 1, 2018, on behalf of the Smart Meter Entity (SME). This charge, which is applied on a per 30 day basis, is charge recovers the costs incurred by the SME to collect, manage, store and retrieve information related to the metering of General Service < 50 kW customers’ electricity usage in Ontario.
Rate Rider for Recovery of Stranded Meter Assets
This charge recovers stranded costs associated with removal of conventional meters and is collected from General Service < 50 kW and General Service 50-999 kW customers.
Rate Rider for Disposition of LRAM Variance Account
This charge reflects variances between OEB-approved and actual conservation program results.
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.
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.
Rate Rider for Application of IFRS – 2014 Derecognition
This charge reflects required changes in accounting rules affecting distribution rates.
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.
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.
Rate Rider for Disposition of Deferral/Variance Account
This charge or credit reflects the clearance of residual balances for accounts relating to variances for a number of energy related pass through costs.
Rate Rider for Disposition of Deferral/Variance Account for Non-Wholesale Market Participant Customers
This charge or credit reflects the clearance of residual balances for accounts relating to variance for a number of energy related pass through costs for customers who are not wholesale market participants.
Rate Rider for Disposition of Capacity Based Recovery (CBR) Variance Sub-Account
This charge recovers the difference between the cost of CBR program in the wholesale energy market and CBR amounts billed to Class B customers.
Rate Rider for Disposition of Global Adjustment Variance Account (Applicable only for Non-RPP Customers)
This credit 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) and were Class B customers within 2016 period.