Application for 2023 Rates Approved
Ottawa River Power submitted its 2023 Price Cap IR application on November 16, 2022 to the Ontario Energy Board (OEB).
The OEB commenced processing the application and assigned it file number EB-2022-0058.
On March 23, 2023 the OEB approved the application.
Effective May 1st 2023, new rates will apply to the delivery and regulatory line items on your bills for energy consumed as of that date.
Residential, Commercial and Large Customer Bill Impacts
The OEB has approved the new delivery rates, resulting in an increase of $6.88 on the average residential customer’s monthly bill. This includes an increase of $0.91 in the Monthly Service Charge, $2.10 for Retail Transmission Rates and $4.00 for Regulatory and Deferral and Variance accounts. The average general service user under 50 kW will experience an increase of $8.76 which includes increases of $1.84 in the Monthly Service Charge and Distribution Volumetric Rate, $5.21 for Retail Transmission Rates and $5.20 for Regulatory and Deferral and Variance accounts. The average large user will see increases of $224.24 which includes increases of $78.29 in the Monthly Service Charge and Distribution Volumetric Rate, $99.97 for Retail Transmission Rates and $20.18 for Regulatory and Deferral and Variance accounts.
The Monthly Service Charge and Distribution Volumetric Charge are the amounts approved and used to build, maintain and operate Ottawa River Power Corporation’s distribution system such as poles, transformers and meters. This charge comprises 22% of the average residential customer’s total electricity bill, 18% for general service users under 50kW and 12% for large users.
Retail Transmission Rates are a variable charge for the costs of transmitters to operate and maintain the high-voltage transmission system that carries electricity from generating stations to our utility. Hydro One maintains the high-voltage transmission system in our service areas and the related costs are charged by Hydro One to our utility. These costs make up 10% of the average residential customer’s total electricity bill, 9% for general service users under 50kW and 14% for large users.
Regulatory and Deferral and Variance accounts are used to capture electricity charges paid by Ottawa River Power Corporation to Hydro One and differences between our utility’s forecasted amounts approved for collection through rates and actual revenues and costs collected or incurred. Ottawa River Power Corporation pays Hydro One for electricity consumed within its system and the charges are passed through to the customer at the best estimated rates known at the time with approval from the Ontario Energy Board. These charges make up 67% of the average residential customer’s total bill, 72% for general service users under 50kW and 63% for large users.
Our utility has multiple programs in place to assist with your electricity bill:
Ontario Electricity Support Program: If you are in a lower-income home, this program may reduce the cost of your household electricity by applying a monthly credit directly to your bill.
Low-income Energy Assistance Program: If you’re behind on your electricity bill and face having your service disconnected, you may qualify for emergency financial help through the Low-income Energy Assistance Program (LEAP).
Energy Affordability Program: The Energy Affordability Program provides support to income-eligible electricity consumers by helping them to lower their monthly electricity costs and to increase their home comfort. Participants may receive different energy-saving products and services. Some participants may qualify for a free home energy needs assessment conducted by a trained energy professional.
To view the approved Decision and Rate Order from the OEB, you can download a PDF copy using the following link: