
Commercial Electricity Rates
A small number of London Hydro customers use tiered rates. Tiered Pricing is broken down into set amounts of electricity that may be used at a specific rate; once this set amount is exceeded, the rate changes to a more expensive tier. Effective May 1, 2023 - October 31, 2023, Tiered prices for non-residential customers are:
First Tier - Up to 750 kWh
|
Second Tier - More than 750 kWh |
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8.7 cents per kWh |
10.3 cents per kWh |
Electricity Charges for Commercial, Less Than 50 kW With No Interval Meter (Rates Effective May 1, 2023 - October 31, 2023)
Commercial, Less Than 50 KW With No Interval Meter (Rates Effective May 1, 2023 - October 31, 2023) |
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Electricity (TOU) |
Electricity Consumed during On-Peak Hours |
per kWh |
$0.151 |
Electricity Consumed During Mid-Peak Hours |
per kWh |
$0.102 |
|
Electricity Consumed During Off-Peak Hours |
per kWh |
$0.074 |
|
First 1000 kWh Tier | per kWh | $0.087 | |
Second >1000 kWh Tier | per kWh | $0.103 | |
On-Peak ULO Rate | per kWh | $0.24 | |
Mid-Peak ULO Rate | per kWh | $0.102 | |
Weekend Off-Peak ULO Rate | per kWh | $0.074 | |
Ultra-Low Overnight ULO Rate | per kWh | $0.024 | |
Delivery |
Fixed Monthly Charge |
per month |
$32.52 |
Monthly IESO Smart Metering Entity Charge |
per bill |
$0.42 |
|
Distribution Volumetric Rate**** | per kWh | $0.0161 | |
Network Charge* |
per kWh |
$0.0095 |
|
Connection Charge* |
per kWh |
$0.0068 |
|
Adjustment Factor Charge*** | per kWh | kWh x 0.0288 x Electricity Rate | |
*Regulatory* |
Wholesale Market Service Charge* |
per kWh |
$0.0041 |
Capacity Based Recovery |
per kWh |
$0.0004 |
|
Rural Rate Protection Charge* |
per kWh |
$0.0007 |
|
|
Administration Charge** |
per month |
$0.25 |
*Government* |
HST |
per bill |
13% |
Ontario Electricity Rebate | per bill | (11.7%) | |
*The consumption used for these rates is subject to an Adjustment Factor. When electricity is delivered over a power line, it is normal for a small amount of power to be consumed or lost as heat. Equipment such as wires and transformers consume power before it gets to your home or business. The adjustment factor accounts for these losses. This charge is included in the Delivery portion of the bill. ** Monthly Administration charge applies to non-retailer affiliated customers only. ***For eligible customers, the electricity price may be 8.7 cents per kilowatt hour for the first 750 kilowatt hours and 10.3 cents per kilowatt hour for any additional consumption. Of the 750 kWh consumption, 729 kWhs will be reflected in the Electricity portion of the bill, and the remaining 21 kWhs, which accounts for the adjustment factor, will be reflected in the Delivery portion of the bill. For retailer customers, the price is as stated on the retailer contract. Rates may be subject to change from time to time. ****Volumetric Rate includes the following: Distribution Volumetric Rate $0.0140/kWh; Rate Rider for Disposition of Deferral/Variance Accounts of $0.0013; Rate Rider for Disposition of Lost Revenue Adjustment Mechanism Variance Account of $0.0008.
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*Loss Factors* |
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*Distribution Loss Factors, Secondary Metered Customers* |
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Customer Less Than 5000 kW |
1.0288 |
||
Customer Greater Than 5000 kW |
1.0119 |
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*Distribution Loss Factors, Primary Metered Customers* |
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Customer Less Than 5000 kW |
1.0185 |
||
Customer Greater Than 5000 kW |
1.0016 |
Electricity Charges for General Service, Greater Than 50 kW With An Interval Meter (Rates Effective May 1, 2023 - October 31, 2023)
General Service, Greater Than 50 KW With An Interval Meter (Rates Effective May 1, 2023) | |||
Electricity | Spot Market Price | ||
Delivery | Fixed Monthly Charge | per month | $158.82 |
Distribution Variable Charge*** | per kW | $4.1833 | |
Network Charge | per kW | $4.2744 | |
Connection Charge | per kW | $3.4156 | |
Transformer Discount (if applicable) | per kW | ($0.60) | |
Monthly Meter Rental Fee | per month | $5.50 | |
Regulatory | Wholesale Market Service Charge* | per kWh | $0.0041 |
Capacity Based Recovery | per kWh | $0.0004 | |
Rural Rate Protection Charge* | per kWh | $0.0007 | |
Administration Charge** | per month | $0.25 | |
Government | HST | per bill | 13% |
*The consumption used for these rates is subject to an Adjustment Factor. When electricity is delivered over a power line, it is normal for a small amount of power to be consumed or lost as heat. Equipment such as wires and transformers consume power before it gets to your home or business. The adjustment factor accounts for these losses. This charge is included in the Delivery portion of the bill. **Monthly Administration charge applies to non-retailer affiliated customers only. ***Volumetric Rate includes the following: Distribution Volumetric Rate $3.3456/kW; Rate Rider for Disposition of Deferral/Variance Accounts of $0.4762; Rate Rider for Disposition of Lost Revenue Adjustment Mechanism Variance Account of $0.3615. |
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*Loss Factors* | |||
*Distribution Loss Factors, Secondary Metered Customers* | |||
Customer Less Than 5000 kW | 1.0288 | ||
Customer Greater Than 5000 kW | 1.0119 | ||
*Distribution Loss Factors, Primary Metered Customers* | |||
Customer Less Than 5000 kW | 1.0185 | ||
Customer Greater Than 5000 kW | 1.0016 |
Electricity Charges for Large Users (Rates Effective May 1, 2023 - October 31, 2023)
Large User (Rates Effective May 1, 2023) | |||
Electricity | Spot Market Price*** | ||
Delivery | Fixed Monthly Charge | per month | $20,472.43 |
Distribution Variable Rate*** | per kW | $2.7064 | |
Network Charge | per kW | $4.3786 | |
Connection Charge | per kW | $3.4156 | |
Monthly Meter Rental Fee | per month | $5.50 | |
Regulatory | Wholesale Market Service Charge* | per kWh | $0.0041 |
Capacity Based Recovery | per kWh | $0.0004 | |
Rural Rate Protection Charge* | per kWh | $0.0007 | |
Administration Charge** | per month | $0.25 | |
Government | HST | per bill | 13% |
*The consumption used for these rates is subject to an Adjustment Factor. When electricity is delivered over a power line, it is normal for a small amount of power to be consumed or lost as heat. Equipment such as wires and transformers consume power before it gets to your home or business. The adjustment factor accounts for these losses. This charge is included in the Delivery portion of the bill.
**Monthly Administration charge applies to non-retailer affiliated customers only.
***Volumetric Rate includes the following: Distribution Volumetric Rate $2.8258/kW; Rate Rider for Disposition of Deferral/Variance Accounts of $0.7047; Rate Rider for Disposition of Lost Revenue Adjustment Mechanism Variance Account of $(0.8241). |
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*Loss Factors* | |||
*Distribution Loss Factors, Secondary Metered Customers* | |||
Customer Less Than 5000 kW | 1.0288 | ||
Customer Greater Than 5000 kW | 1.0119 | ||
*Distribution Loss Factors, Primary Metered Customers* | |||
Customer Less Than 5000 kW | 1.0185 | ||
Customer Greater Than 5000 kW | 1.0016 |