What is the RPP?
The Regulated Price Plan (RPP) is the price established by the Ontario Energy Board for residential and low volume customers. Customers eligible for the plan pay a lower rate per kWh for the first block of energy used in a month and a higher rate per kWh for any additional electricity used within the month. The first block is set at 600 kWh from May to October and 1000 kWh from November to April. The price is based on a forecast of the amount of electricity that will be purchased over the next 12 months and the price that will be paid to generators for that electricity.
What is the RPP Settlement?
It is like an equal payment plan or budget billing plan settle-up. The RPP rates are based on forecast power purchases and power prices and fixed for six months at a time. If a customer leaves the RPP, they pay or receive the variance between that price and the actual price of electricity. Customers who remain on the RPP plan pay or receive that difference over time when the rates are reset.
Who does the RPP Settlement apply to?
- Customers who move out of the province
- Customers who sign a new contract with an electricity retailer
- Customers who opt out of the RPP
What will show on the bill?
“RPP Settlement” followed by either a charge or a credit. It will appear in the Electricity section below RPP pricing for the current electricity billed. Example:
| Electricity | 1200.00 kWh x $0.058 | $69.60 |
| 608.25 kWh x $0.067 | $32.21 | |
| RPP Settlement | $60.11 | |
| Delivery | $47.95 | |
| Regulatory Charges | $10.92 | |
| Debt Retirement Charge | $11.20 | |
| Total Electricity Charges | $231.99 |
How much is it?
It could be a charge or a credit. The rate changes every month on the 15th. The rate depends on the accumulated variance held by the Ontario Power Authority (OPA) for the differences between the amount customers have paid on the RPP and the amount paid to generators for electricity.
How is it calculated?
It is based on the forecast electricity the customer will use for the next 12 months. The best way to forecast electricity is to base it on previous consumption. The settlement is based on the rate that was in effect the day the customer left the plan times 12 months estimated consumption.
For example, a bimonthly customer who uses 2000 kWh per bill would have a settle-up based on 12 months history (6 X 2000) = 12000 kWh X the rate that was in effect on the day they left the RPP (Final read date). Based on a sample rate, this customer would have a settlement of 12,000 X $0.005009 = $60.11
The bill would show: “RPP Settlement $60.11”
What about customers who don’t have 12 months history?
The settlement is based on the forecast of how much electricity the customer will use over the next 12 months no matter how long they have currently been a customer. If they have less than 12 months history, whatever consumption we do have for the customer is prorated over 12 months to calculate the settlement.
Should you have any further questions, please call our Customer Support Team at (519) 885-6840. More information, including the current RPP Settlement rate, is available on the Ontario Energy Board web-site at www.oeb.gov.on.ca.
Waterloo North Hydro Inc.
300 Northfield Drive East
PO Box 640
Waterloo, Ontario, N2J 4A3
Phone: 519-886-5090
Employment Opportunities
General Inquires:
Customersupport@wnhydro.com
Phone: 519-885-6840
Fax: 519-746-0133
Engineering Inquiries:
eclerk@wnhydro.com
Phone: 519-888-5552
ECRA/ESA LICENCE 7004206
Standard Business Hours:
8:30am - 4:30pm (Monday - Friday)
Emergency Hours:
24 hours a day, seven days a week
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