07-04-2016, 07:18 PM
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#71
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Franchise Player
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Your Electricity Charges for Apr 11, 2016 to Jun 09, 2016 (2 months)
Electricity (Waterloo, Ontario)
Off Peak 452.37 kWh x $0.083
$37.55
Off Peak 707.64 kWh x $0.087
$61.56
Mid Peak 150.42 kWh x $0.128
$19.25
Mid Peak 148.25 kWh x $0.132
$19.57
On Peak 134.54 kWh x $0.175
$23.54
On Peak 169.14 kWh x $0.18
$30.45
Delivery
$93.58
Regulatory Charges
$11.45
Debt Retirement Charge
Debt Retirement Charge Exemption saved you $12.34 *1
Total Electricity Charges
$296.95
WATERLOO, ON
Bill Issue Date:
Jun 23, 2016
HST $38.60
Total Amount Due Jul 15, 2016
$335.55 (This works out to ~$167 month)
My measured consumption was 1762kWh and as mentioned before I am in a 2500ft2 side split that is 50 years old.
$143.63 of my bill is taxes and delivery regulatory charges
Usage chart
https://drive.google.com/file/d/0B4L...ew?usp=sharing
GLOSSARY OF TERMS ELECTRICITY:
This is the cost of the electricity supplied to you during this billing period and is
the part of the bill that is subject to competition.
DELIVERY:
These are the costs of delivering electricity from generating stations across the Province
to Waterloo North Hydro Inc. then to your home or business. This includes the costs to build and
maintain the transmission and distribution lines, towers and poles and operate provincial and local
electricity systems. A portion of these charges are fixed and do not change from month to month.
The rest are variable and increase or decrease depending on the amount of electricity that you use.
The delivery charge also includes costs relating to electricity lost through distributing
electricity to your home or business.* Waterloo North Hydro Inc. collects this money and pays this
amount directly to our suppliers.
*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, consumes power before it
gets to your home or business.
REGULATORY CHARGES:
Regulatory charges are the costs of administering the wholesale electricity
system and maintaining the reliability of the provincial grid and include the costs associated with
funding Ministry of Energy conservation and renewable energy programs.
DEBT RETIREMENT CHARGE:
The debt retirement charge pays down the debt of the former Ontario Hydro.
GLOBAL ADJUSTMENT:
Electricity generators in Ontario receive a combination of payments from the
operation of the wholesale market, payments set by regulation and payments under contracts. Your
portion of the net adjustments arising from these and other authorized payments is included on
your bill as the Global Adjustment.
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