Ontario Providing Support for Industrial and Commercial Electricity Consumers During COVID-19
To provide companies with temporary immediate relief on their electricity bills, the Ontario government is deferring a portion of Global Adjustment (GA) charges for industrial and commercial electricity customers that do not participate in the Regulated Price Plan (RPP), effective April 2020. The GA rate for smaller industrial and commercial customers (i.e., Class B) will not exceed $115 per megawatt-hour. The average of April and May’s GA rate meets this $115 megawatt-hour cap. Large industrial and commercial customers (i.e., Class A) will receive the same percentage reduction in GA charges as non-RPP Class B customers. 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.
Learn more at: https://news.ontario.ca/mndmf/en/2020/05/ontario-providing-support-for-industrial-and-commercial-electricity-consumers-during-covid-19.html