Monday, May 7, 2012

Here is why the Ontario electricity market is totally screwed up

HydroOne provides a comparison tool within the customer web portal, so you can see how a third-party retail contract for electricity would compare to buying your electricity from the incumbent utility.  In this example, for my home during the period of April 7 to May 6, I would have to find a contract that offered a price less than 0.34 cents per kWh.  Clarification: that is $0.0034/kWh! 

Look at the Global Adjustment, it is absolutely out of control and ridiculous.


  1. Nice and let me tell one thing that it not my hobby to post comment on other blogs but this is very well so i made up my mind to post comment.

    solar energy ontario

  2. You have to be kidding! The global adjustment was that high, such that you would have to pay less than a half a penny for electricity with a retailer? I take it the GA is not usually that high, but that is ridiculous!