Commercial Electricity Rates

Friday 6:44PM

Currently Mid-Peak

Off-Peak
7PM - 7AM
8.2¢/kWh
Mid-Peak
7AM - 11AM • 5PM - 7PM
11.3¢/kWh
On-Peak
11AM - 5PM
17¢/kWh

A small number of NT Power customers use tiered rates. Tiered Pricing is broken down into set amounts of electricity that may be used at a specific rate; once this set amount is exceeded, the rate changes to a more expensive tier. As of May 1, 2021, Tiered prices for non-residential customers are:

First Tier - Up to 750 kWh

 

Second Tier - More than 750 kWh

8.9 cents per kWh

11.5 cents per kWh

  

Commercial, Less Than 50 KW (Rates Effective May 1, 2021)
Breakdown of Charges - Rates Effective May 1, 2021 Newmarket-Tay Midland
Electricity (TOU) Electricity Consumed during On-Peak Hours per kWh  $               0.17000  $               0.17000
Electricity Consumed During Mid-Peak Hours per kWh  $               0.11300  $               0.11300
Electricity Consumed During Off-Peak Hours per kWh  $               0.08200  $               0.08200
Delivery Fixed Monthly Charge per month  $             31.88000  $             23.91000
Monthly IESO Smart Metering Entity Charge per bill  $               0.57000  $               0.57000
Recovery of Incremental Capital    $               1.00000  N/A 
Low Voltage Service Rate    N/A   $               0.00180
Distribution Volumetric Rate**** per kWh  $               0.02050  $               0.01930
Network Charge* per kWh  $               0.00810  $               0.00640
Connection Charge* per kWh  $               0.00630  $               0.00560
*Regulatory* Wholesale Market Service Charge* per kWh  $               0.00300  $               0.00300
Capacity Based Recovery per kWh  $               0.00040  $               0.00040
Rural Rate Protection Charge* per kWh  $               0.00050  $               0.00050
Administration Charge** per month  $               0.25000  $               0.25000
*Government* HST per bill 13% 13%
21.2% Ontario Electricity Rebate per bill -18.90% -18.90%
*The consumption used for these rates is subject to an Adjustment Factor. When electricity is delivered over a power line, it is normal for a small amount of power to be consumed or lost as heat. Equipment such as wires and transformers consume power before it gets to your home or business. The adjustment factor accounts for these losses. This charge is included in the Delivery portion of the bill. 
   
** Monthly Administration charge applies to non-retailer affiliated customers only. ***For eligible customers, the electricity price may be 9.8 cents per kilowatt hour for the first 750 kilowatt hours and 11.5 cents per kilowatt hour for any additional consumption. Of the 750 kWh consumption, 727 kWhs will be reflected in the Electricity portion of the bill and the remaining 23 kWhs, which accounts for the adjustment factor, will be reflected in the Delivery portion of the bill. For retailer customers, the price is as stated on the retailer contract. Rates may be subject to change from time to time.
   
****NTRZ Volumetric Rate Riders include the following: Distribution Volumetric Rate $0.0209/kWh;  Rate Rider for Disposition of Lost Revenue Adjustment Mechanism Variance Account of $0.0017; Rate Rider for Disposition of Deferral/Variance Accounts of $0.0006; Rate Rider for Application of Tax Change of $(0.0001); Rate Rider for Disposition of Account 1576 of $(0.0033); Rate Rider for Recovery of Incremental Capital of $0.0007.
   
***NTRZ Volumetric Rate Riders would include the Rate Rider for Disposition of Global Adjustment of $(0.0038)/kWh for those customers who do not pay Regulated Price Plan prices.
         
****MRZ Volumetric Rate Riders include the following: Distribution Volumetric Rate $0.0176/kWh; Rate Rider for Disposition of Lost Revenue Adjustment Mechanism Variance Account of $(0.0007); Rate Rider for Disposition of Deferral/Variance Accounts of $0.0025.  
         
 ***MRZ Volumetric Rate Riders would include the Rate Rider for Disposition of Capacity Based Recovery Account Applicable only for Class B Customers of $(0.0001).
         
***MRZ Volumetric Rate Riders would include the Rate Rider for Disposition of Global Adjustment of $0.0016/kWh for those customers who do not pay Regulated Price Plan prices.
      Newmarket-Tay Midland
Total Loss Factor  
Secondary Metered Customer Less Than 5000 kW 1.0383 1.0682
Primary Metered Customer Greater Than 5000 kW 1.0279 1.0576

 

General Service, Greater Than 50 KW  (Rates Effective May 1, 2021)
Breakdown of Charges - Rates Effective May 1, 2021 Newmarket-Tay Midland
Electricity Spot Market Price  
Delivery Fixed Monthly Charge per month  $             144.5500 67.55
Recovery of Incremental Capital    $                  4.5500  N/A 
Low Voltage Service Rate    N/A  0.7282
Distribution Volumetric Rate - Thermal Demand Meter per kW 4.2038  N/A 
Distribution Volumetric Rate - Interval Demand Meter per kW  $                  4.3435  $                  5.3467
Network Charge per kW  $                  3.2633  $                  2.6138
Connection Charge per kW  $                  2.4504  $                  2.2210
Transformer Discount (if applicable) per kW -$                 0.8500 -$                 0.6000
Regulatory Wholesale Market Service Charge* per kWh  $                  0.0030  $                  0.0030
Capacity Based Recovery per kWh  $                  0.0004  $                  0.0004
Rural Rate Protection Charge* per kWh  $                  0.0005  $                  0.0005
Administration Charge** per month  $                  0.2500  $                  0.2500
Government HST per bill 13% 13%
*The consumption used for these rates is subject to an Adjustment Factor. When electricity is delivered over a power line, it is normal for a small amount of power to be consumed or lost as heat. Equipment such as wires and transformers consume power before it gets to your home or business. The adjustment factor accounts for these losses. This charge is included in the Delivery portion of the bill. 
   
** Monthly Administration charge applies to non-retailer affiliated customers only.
   
***NTRZ Volumetric Rate includes the following: Distribution Volumetric Rate - Thermal Demand Meter $4.9868/kWh; Distribution Volumetric Rate - Interval Meter of $5.1265;  Rate Rider for Disposition of Lost Revenue Adjustment Mechanism Variance Account of $0.3295; Rate Rider for Disposition of Deferral/Variance Accounts of $(0.0023); Rate Rider for Application of Tax Change of $(0.0139); Rate Rider for Disposition of Account 1576 of $(1.2534); Rate Rider for Recovery of Incremental Capital of $0.1571.
   
***NTRZ Volumetric Rate Riders would include the Rate Rider for Disposition of Deferral /Variance Accounts Applicable only for Non-Wholesale Market Participants of $0.4680/kW.
   
***NTRZ Volumetric Rate Riders would include the Rate Rider for Disposition of Global Adjustment of $(0.0038)/kWh for those customers who do not pay Regulated Price Plan prices.
         
***MRZ Volumetric Rate includes the following: Distribution Volumetric Rate $3.6577/kWh; Rate Rider for Disposition of Lost Revenue Adjustment Mechanism Variance Account of $0.2231; Rate Rider for Disposition of Deferral/Variance Accounts of $1.5048.
         
 ***MRZ Volumetric Rate Riders would include the Rate Rider for Disposition of Deferral/Variance Accounts Applicable only for Non-Wholesale Market Participants of $(0.4600); Rate Rider for Disposition of Capacity Based Recovery Account Applicable only for Class B Customers of $(0.0389).
         
***MRZ Volumetric Rate Riders would include the Rate Rider for Disposition of Global Adjustment of $0.0016/kWh for those customers who do not pay Regulated Price Plan prices.
      Newmarket-Tay Midland
Total Loss Factor  
Secondary Metered Customer Less Than 5000 kW 1.0383 1.0682
Primary Metered Customer Greater Than 5000 kW 1.0279 1.0576

 

Un-metered Scattered ​​​Load (Rates Effective May 1, 2021)
Breakdown of Charges - Rates Effective May 1, 2021 Newmarket-Tay Midland
Electricity Spot Market Price
Delivery Fixed Monthly Charge per month  $                      10.19  $                      11.06
Recovery of Incremental Capital    $                 0.3200  N/A 
Low Voltage Service Rate    N/A   $                 0.0018
Distribution Variable Charge*** per kW  $                 0.0090  $                 0.0144
Network Charge per kW  $                 0.0080  $                 0.0064
Connection Charge per kW  $                 0.0063  $                 0.0056
Regulatory Wholesale Market Service Charge* per kWh  $                 0.0030  $                 0.0030
Capacity Based Recovery per kWh  $                 0.0004  $                 0.0004
Rural Rate Protection Charge* per kWh  $                 0.0005  $                 0.0005
Administration Charge** per month  $                 0.2500  $                 0.2500
Government HST per bill 13% 13%
*The consumption used for these rates is subject to an Adjustment Factor. When electricity is delivered over a power line, it is normal for a small amount of power to be consumed or lost as heat. Equipment such as wires and transformers consume power before it gets to your home or business. The adjustment factor accounts for these losses. This charge is included in the Delivery portion of the bill. 
 
**Monthly Administration charge applies to non-retailer affiliated customers only.
 
***NTRZ Volumetric Rate includes the following: Distribution Volumetric Rate of $0.0119; Rate Rider for Disposition of Deferral/Variance Accounts of $0.0001; Rate Rider for Application of Tax Change of $(0.0001); Rate Rider for Disposition of Account 1576 of $(0.0033); Rate Rider for Recovery of Incremental Capital of $0.0004.
 
***MRZ Volumetric Rate includes the following: Distribution Volumetric Rate of $0.0118; Rate Rider for Disposition of Deferral/Variance Accounts of $0.0026.
   
***MRZ Volumetric Rate Riders would include the Rate Rider for Disposition of Capacity Based Recovery Account Applicable only for Class B Customers of $(0.001).
         
***MRZ Volumetric Rate Riders would include the Rate Rider for Disposition of Global Adjustment of $0.0016/kWh for those customers who do not pay Regulated Price Plan prices.
      Newmarket-Tay Midland
Total Loss Factor  
Secondary Metered Customer Less Than 5000 kW 1.0383 1.0682
Primary Metered Customer Greater Than 5000 kW 1.0279 1.0576

 

Street Lights (Rates Effective May 1, 2021)
Breakdown of Charges - Rates Effective May 1, 2021 Newmarket-Tay Midland
Electricity Spot Market Price***  
Delivery Fixed Monthly Charge per month  $                  1.3200  $                  1.6900
Recovery of Incremental Capital    $                  0.0400  N/A 
Low Voltage Service Rate    N/A   $                  0.5629
Distribution Variable Rate*** per kW  $                  3.9143  $                  5.0304
Network Charge per kW  $                  2.4848  $                  1.9714
Connection Charge per kW  $                  1.8922  $                  1.7170
Regulatory Wholesale Market Service Charge* per kWh  $                  0.0030  $                  0.0030
Capacity Based Recovery per kWh  $                  0.0004  $                  0.0004
Rural Rate Protection Charge* per kWh  $                  0.0005  $                  0.0005
Administration Charge** per month  $                  0.2500  $                  0.2500
Government HST per bill  $                  0.1300  $                  0.1300
*The consumption used for these rates is subject to an Adjustment Factor. When electricity is delivered over a power line, it is normal for a small amount of power to be consumed or lost as heat. Equipment such as wires and transformers consume power before it gets to your home or business. The adjustment factor accounts for these losses. This charge is included in the Delivery portion of the bill. 
 
**Monthly Administration charge applies to non-retailer affiliated customers only.
 
***NTRZ Volumetric Rate includes the following: Distribution Volumetric Rate $6.5536/kW; Rate Rider for Disposition of Deferral/Variance Accounts of $(1.4787); Rate Rider for Application of Tax Change of $(0.1845); Rate Rider for Disposition of Account 1576 of $(1.1843); Rate Rider for Recovery of Incremental Capital of $0.2082.
 
***NTRZ Volumetric Rate Riders would include the Rate Rider for Disposition of Global Adjustment of $(0.0038)/kWh for those customers who do not pay Regulated Price Plan prices. 
 
***MRZ Volumetric Rate includes the following: Distribution Volumetric Rate $3.9159/kW; Rate Rider for Disposition of Lost Revenue Adjustment Mechanism Variance Account of $0.2076; Rate Rider for Disposition of Deferral/Variance Accounts of $0.9452.
 
***MRZ Volumetric Rate Riders would include the Rate Rider for Disposition of Capacity Based Recovery Account Applicable only for Class B Customers of $(0.0383).
 
***MRZ Volumetric Rate Riders would include the Rate Rider for Disposition of Global Adjustment of $0.0016/kWh for those customers who do not pay Regulated Price Plan prices.
      Newmarket-Tay Midland
Total Loss Factor  
Secondary Metered Customer Less Than 5000 kW 1.0383 1.0682
Primary Metered Customer Greater Than 5000 kW 1.0279 1.0576

Sentinel Lights (Rates Effective May 1, 2021)
Breakdown of Charges - Rates Effective May 1, 2021 Newmarket-Tay Midland
Electricity Spot Market Price***
Delivery Fixed Monthly Charge per month  $                  3.4000  N/A 
Recovery of Incremental Capital    $                  0.1100  N/A 
Distribution Variable Rate*** per kW  $               11.7855  N/A 
Network Charge per kW  $                  2.4620  N/A 
Connection Charge per kW  $                  1.9333  N/A 
Regulatory Wholesale Market Service Charge* per kWh  $                  0.0030  N/A 
Capacity Based Recovery per kWh  $                  0.0004  N/A 
Rural Rate Protection Charge* per kWh  $                  0.0005  N/A 
Administration Charge** per month  $                  0.2500  N/A 
Government HST per bill  $                  0.1300  N/A 
         
*The consumption used for these rates is subject to an Adjustment Factor. When electricity is delivered over a power line, it is normal for a small amount of power to be consumed or lost as heat. Equipment such as wires and transformers consume power before it gets to your home or business. The adjustment factor accounts for these losses. This charge is included in the Delivery portion of the bill. 
         
**Monthly Administration charge applies to non-retailer affiliated customers only.
         
***NTRZ Volumetric Rate includes the following: Distribution Volumetric Rate $12.9914/kW; Rate Rider for Disposition of Deferral/Variance Accounts of $(0.3922); Rate Rider for Application of Tax Change of $(0.0823); Rate Rider for Disposition of Account 1576 of $(1.1407); Rate Rider for Recovery of Incremental Capital of $0.4093.
      Newmarket-Tay Midland
Total Loss Factor  
Secondary Metered Customer Less Than 5000 kW 1.0383 1.0682
Primary Metered Customer Greater Than 5000 kW 1.0279 1.0576