January 1, 2021 UPDATE: Global Adjustment Deferral Recovery
To provide Commercial and Industrial customers with temporary relief on their electricity bills, in response to the COVID-19 pandemic, the Ontario government deferred a portion of the GA charges for commercial and industrial customers who do not participate in the Regulated Price Plan (RPP) during the months of April, May and June 2020.
The Ontario government has now made regulatory amendments to O. Reg. 429/04 that enables the recovery of those deferred GA costs.
Effective January 1, 2021, over a 12 month-period, non-RPP customers will repay the GA deferral recovery costs.
For more information, please visit: www.ieso.ca.
Original Announcement (May 2020)
Ontario is deferring a portion of Global Adjustment (GA) charges for industrial, commercial and residential electricity consumers that do not participate in the Regulated Price Plan (RPP) (i.e. pay Global Adjustment as a separate charge on the bill), starting from April 2020.
The GA rate for applicable consumers (i.e., Class B) has been set at $115 per megawatt-hour, which is roughly in line with March 2020 value. Class A consumers will receive the same percentage reduction in GA charges as Class B consumers.
The government intends to keep this relief in place through the end of June 2020, subject to necessary extensions and approvals to implement this initiative.
Applicable electricity consumers will automatically see this relief reflected on their bills.Frequently Asked Questions (Updated May 2020)