Commercial Electricity Rates
We charge customers for the cost of electricity and collect payment on behalf of the organizations that work together to ensure the safe and reliable operation of Ontario’s electricity system. The charges on your bill fall under four categories: electricity costs, delivery costs, regulatory and taxes.
How much electricity you use determines the rate you pay. Residential consumers and small businesses, for the most part, pay for electricity via time-of-use (TOU) rates, which include the Global Adjustment charge. Larger commercial customers usually pay the Hourly Ontario Energy Price (or Spot price), plus the Global Adjustment.
Hourly Ontario Energy Price (HOEP)
The Spot price is determined by matching supply with Ontario's demand for electricity in the real-time market operated by the Independent Electrical System Operator (IESO). In Ontario, all electricity rates reflect the wholesale electricity price in some way. The wholesale price of electricity is dynamic − changing hourly based on demand and the availability of supply. Learn more about HOEP
Global Adjustment is collected on behalf of the Independent Electricity System Operator (IESO) and covers the cost for providing both adequate generating capacity and conservation programs for Ontario. It applies to business customers who pay the spot market price and customers who have signed a contract with a licensed electricity retailer. Find out more about the Global Adjustment
The delivery charge covers the costs of delivering electricity from generating stations across Ontario to Burlington Hydro and then to your business. It includes the costs to build and maintain distribution lines, towers and poles, and to operate the local electricity system. The delivery charge also includes Hydro One transmission costs and system losses.
Before Burlington Hydro can make any changes to its rates it is required to seek approval from the OEB through a rate application process. The OEB reviews Burlington Hydro’s rate application independently in a public process and approves the rates Burlington Hydro can charge. BHI’s current rates:
|General Service 50 to 4,999 kW|
|Distribution Volumetric Rate||$3.3327 /kWh|
|Rate Rider for Disposition of Group 1 Deferral/Variance Accounts - effective until April 30, 2023||$0.0585 /kWh|
|Rate Rider for Disposition of Account 1575 - effective until April 30, 2023||$0.0870 /kWh|
|Rate Rider for Disposition of Global Adjustment Account - effective until April 30, 2023||$0.0017 /kWh|
|Rate Rider for Disposition of Group 2 Deferral/Variance Accounts - effective until April 30, 2023||$0.0478 /kWh|
|Rate Rider for Disposition of Lost Revenue Adjustment Mechanism Variance Account (LRAMVA) - effective
until April 30, 2023
|Retail Transmission Rate – Network Service Rate – Interval Metered||$3.3799 /kWh|
|Retail Transmission Rate – Line and Transformation Connection Service Rate – Interval Metered||$2.5910 /kWh|
|Wholesale Market Service Rate (WMS) – not including CBR||$0.0030 /kWh|
|Capacity Based Recovery (CBR) – Applicable for Class B Customers||$0.0004 /kWh|
|Rural or Remote Electricity Rate Protection Charge (RRRP)||$0.0005 /kWh|
|Standard Supply Service – Administrative Charge (if applicable)||$0.25|