Class B Global Adjustment

The IESO calculates the Global Adjustment rate each month, providing three variations for Class B customers. LDCs use one of the variations to bill their customers depending on their billing cycle.

Global Adjustment Estimates and Actual Rates

The 1st, 2nd estimate and actual rates for Class B customers are posted below in MWh.

2017

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sept

Oct

Nov

Dec

1st Estimate ($/MWh)

66.87

105.59

84.09

68.74

106.23

119.54

106.52

115.00

2nd Estimate ($/MWh)

86.77

84.30

68.86

102.18

127.76

125.63

101.97

Actual Rate ($/MWh)

82.27

86.39

71.35

107.78

123.07

118.48

112.80


Global Adjustment Modifier

Under the Ontario Fair Hydro Plan Regulation, the OEB sets an amount the GA Modifier – that electricity distributors and others will apply to reduce the GA payable by eligible customers on electricity consumed between July 1, 2017 and April 30, 2018. The GA Modifier is set at -$32.90 per MWh. For more information on Global Adjustment Modifier, see OEB report.

 


Variance Account under Ontario's Fair Hydro Plan ($M)

The following table presents the monthly deferred GA amounts under the Fair Hydro Plan.

July 2017  Aug 2017  Sep 2017   Oct 2017  Nov 2017 Dec 2017  Jan 2018  Feb 2018   Mar 2018 Apr 2018 
 394.7*                  
* Includes balance in the account for RPP prior to July 1, 2017.

 

 

2016
2016 Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
1st Estimate ($/MWh) 84.23 103.84 90.22 121.15 104.05 116.50 76.67 85.69 70.60 97.20 122.71 105.94
2nd Estimate ($/MWh) 92.14 96.78 102.99 111.77 114.93 93.60 84.12 70.50 91.48 117.80 115.00 78.72
Actual Rate ($/MWh) 91.79 98.51 106.10 111.32 107.49 95.45 83.06 71.03 95.31 112.26 111.09 87.08

2015
2015 Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
1st Estimate ($/MWh) 55.49 69.81 36.04 67.05 94.16 92.28 88.88 88.05 82.70 63.71 76.23 114.62
2nd Estimate ($/MWh) 61.61 40.95 57.40 92.68 97.30 97.68 84.13 73.55 71.91 71.93 124.48 88.09
Actual Rate ($/MWh) 50.68 39.61 62.90 95.59 96.68 95.40 78.83 80.10 67.03 75.44 113.20 94.71

For historical global adjustment values, see Data Directory (Price).

For reporting in kWh, see Price Overview/Global Adjustment.

Global Adjustment Estimate and Actual Costs

The 2nd estimate and actual total GA costs are posted below.

2017

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sept

Oct

Nov

Dec

2nd Estimate (M$)

959.4

858.2

773.3

900.2

1129.4

1229.9

1122.2

Actual (M$)

927.7

850.1

770.0

965.7

1144.5

1208.8

1096.1



2016
2016 Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
2nd Estimate (M$) 1091.8 1049.0 1101.7 1051.6 1031.6 997.3 1001.8 910.1 973.2 1094.2 1128.9 968.5
Actual (M$) 1070.6 1063.7 1120.1 1090.7 1060.8 995.3 981.8 878.6 967.7 1062.3 1076.1 965.5

2015
2015 Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
2nd Estimate (M$) 626.0 474.0 671.0 842.5 871.4 892.9 912.6 838.1 723.8 704.0 1158.3 1021.6
Actual (M$) 628.1 458.8 706.8 928.7 939.1 943.1 904.1 879.2 713.4 742.6 1119.3 999.6

For historical global adjustment values, see Data Directory (Price).