Waterloo North Hydro Corporation - Your Power. Our Priority

RESIDENTIAL RATES

Effective May 1, 2010
The Ontario Energy Board has announced that electricity pricing for Regulated Price Plan (RPP) consumers is changing. If you buy your electricity through a contract with an electricity retailer, you will continue to pay their price.

Residential rates are based on a two-tier price structure.

The price for the first tier is changed from 5.8¢ per kWh to 6.5¢ per kWh. The price for electricity over this threshold is changed from 6.7¢ per kWh to 7.5¢ per kWh. Consumers pay the lower price for the first 600 kWh per month from May to October and for the first 1,000 kWh from November until April. The Ontario Energy Board reviews these rates every 6 months.

The rates associated with the Delivery line on your bill have also changed. The overall bill impact of the delivery and electricity line changes, based on usage of 800 kWh per month, is an increase of 4.9%.

Click here to view the Glossary of Terms appearing on your bill and the Residential Rate Chart.


1. ELECTRICITY (1) (2)
First 600 kWh/month	$0.065 per kWh
Additional kWh/month	$0.075 per kWh
2. DELIVERY
Distribution Service Charge	$15.56 per month
Distribution Usage Charge	$0.0132 per kWh
Deferral & Variance Account Rider	($0.0027) per kWh
Global Adjustment Rider – non-RPP customers	$0.0003 per kWh
Line Transformation Connection (2)	$0.0020 per kWh
Network Service (2)	$0.0058 per kWh
3. REGULATORY CHARGES
Admin. Fee – Standard Supply Service	$0.25 per month
Wholesale Market Charge (2)	$0.0068725 per kWh
4. DEBT RETIREMENT CHARGE	$0.007 per kWh

(1) Customers who signed a contract with a retailer after December 9, 2002 are billed under the terms of the contract until the contract expires. (2) Adjustment Factor As electricity travels through the lines and transformers to your home or business, losses naturally occur throughout the electricity system. Legislation requires us to indicate the Adjustment Factor on your bill. The Adjustment Factor 1.0505 is applied to the kWh consumption read at your meter to account for the losses that occur in the electricity system. Your bill indicates the difference between the kWh consumption read at your meter and the kWh consumption you are actually billed for. The Adjustment Factor is reflected in your Electricity Charge, Transmission Charges (residential and small general service customers only) and the Wholesale Market Charge.

MISCELLANEOUS CHARGES
Account Set Up Charge	$30.00
Credit Reference/Credit Check	$15.00 plus credit bureau fees
Meter Dispute Charge plus Measurement Canada Fees	$30.00 (if meter found correct)
Easement Letter	$15.00

Late Payment – per month	1.5 %
Late Payment – per annum	19.56 %
Returned Cheque Charge	$15.00 plus bank fees
Notification Charge	$15.00
Disconnect/Reconnect at meter – regular hours	$65.00
Disconnect/Reconnect at meter – after hours	$185.00