The Global Adjustment will also appear as a separate line on your bill (see above sample bills). If you sign up for a contract with an energy retailer, you have to pay your share of the Global Adjustment on top of the contract price. The Time-of-Use and Tiered electricity prices charged by your electricity utility already include an estimate of the Global Adjustment. ![]() The Global Adjustment also covers the costs of some conservation programs.Īll electricity consumers have to pay a share of the Global Adjustment. The Global Adjustment is the difference between that guaranteed price and the money the generators earn in the wholesale marketplace. Most electricity generating companies get a guaranteed price for the electricity that they produce. The Ontario Energy Board does not regulate this. Read more about choosing your electricity price plan.įor customers that have signed up for a contract with an energy retailer, the price is set out in the contract. If you pay TOU prices, you can now choose to switch to Tiered prices. Once you exceed that limit, the price goes up.
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