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Rate Options for Smaller Customers

Rate Options for Smaller Customers. Laurie Reid Ontario Energy Board October 28, 2005. Outline. Electricity in Ontario Electricity Commodity Charges and Smart Meters Customer Impacts. Electricity Market in Ontario. A set of provincially-owned companies/agencies

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Rate Options for Smaller Customers

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  1. Rate Options for Smaller Customers Laurie Reid Ontario Energy Board October 28, 2005

  2. Outline • Electricity in Ontario • Electricity Commodity Charges and Smart Meters • Customer Impacts

  3. Electricity Market in Ontario • A set of provincially-owned companies/agencies • Ontario Power Generation (70% of generation) • Hydro One (97% of transmission + 30% of distribution) • Independent Electricity System Operator • Ontario Power Authority • Responsible for planning, power plant procurement, conservation • Other players • 90+ Municipally owned distribution companies • Some private generators (mostly under contract to the province) • Ontario Energy Board • Regulates IESO, Tx & Dx • Policy development (when asked by government)

  4. ON Electricity Transmission System

  5. Ontario Generating Capacity 2005 by Fuel (30 116 MW)

  6. Default Commodity Prices for Low-volume Consumers

  7. Smaller Customers • Low-volume uses less than 250,000 kWh per year • Designated consumer: • Municipality • College • School • Hospital • Charity • Named in regulation • After April 1, 2008: less than 50kW

  8. Simplified Bill for Low-volume Consumers Your Electricity Charges • Electricity • Usage @ 5.000 cents/KWH • Usage @ 5.800 cents.KWH • Delivery • Regulatory • Debt Retirement Charge • Your Total Electricity Charges • GST

  9. Regulated Price Plan • For low-volume and designated consumers • Set by Ontario Energy Board based on forecasts of • Prices and demand • Provincial benefit (nuclear and large hydro assets @ 4.5¢) • OPG rebate (price cap on assets @ 4.7¢ until April 06) • Variance held by Ontario Power Authority • Recovered from / returned to consumers • following year or • on exit from program • Thresholds • Winter residential: 1000 kWh • Summer residential: 600 kWh • Commercial: 750 kWh

  10. Forecast Price / Demand January 2006

  11. 8pm – 10pm 10pm – 7am 5pm – 8pm 11am – 5pm 7am – 11am Winter Weekdays Regulated Price Plan 2.9¢ 6.5¢ 9.3¢

  12. Forecast Price / Demand July 2005

  13. 5pm – 10pm 10pm – 7am Noon – 5pm 7 am – noon Summer Weekdays Regulated Price Plan 2.9¢ 6.5¢ 9.3¢ 6.5¢

  14. Smart Meter Policy Background • The Government of Ontario policy targets: • 800,000 smart electricity meters by 2007 • All Ontario customers by 2010 • Government objective – manage electricity demand to: • make more efficient use of the current supply • reduce reliance on external sources • Proposed plan follows consultation process – considered several alternative options with stakeholders

  15. Key Elements of Proposed Plan • Minimum system requirements • Distributors responsible for meters and last mile • Capital and operating costs to be included in delivery rates • Regulated Price Plan • www.oeb.gov.on.ca

  16. Proposed Smart Meter System Key requirements • Capable of two-way communication • Hourly consumption data without the need to remove the meter or visit the site • Daily feedback to customers • Open communication and data interfaces

  17. Customer Impact • Electricity pricing that varies by time of use • Daily access to consumption data • Smart meter and RPP – incentive & ability to control energy costs by: • moving use to off-peak periods (i.e. running dishwasher at night) • lowering energy use during peak periods (i.e. setting air conditioning a few degrees warmer during the afternoon) • Tools to understand energy use and the ability to change patterns • Enabling technology, catalyst for change

  18. Questions? Laurie Reid Ontario Energy Board Laurie.Reid@oeb.gov.on.ca 416-440-7623 www.oeb.gov.on.ca

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