Ontario Energy Report Q3 2014 – Electricity
July – September 2014
Electricity Prices
Commodity Cost (¢/kWh)
Commodity cost comprises two components, the wholesale price (the Hourly Ontario Energy Price) and the Global Adjustment.
Year 2014 ¢/kWh
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
YTD Avg.
Hourly Ontario
Energy Price
(Wholesale Market Price)
6.54
8.18
8.04
3.33
1.79
2.98
​2.37
2.21
1.55
4.26
Global Adjustment
(Class B Customers)
1.26
1.33
-0.03
5.20
7.20
6.03
​6.26
6.76
7.96
4.46
7.8
9.51
8.01
8.53
8.99
9.01
8.63
8.97
9.51
8.72
Total Commodity Cost
Source: IESO
Monthly Wholesale Electricity Prices (¢/kWh)
The wholesale electricity price fluctuates by the hour. This chart shows the highest, lowest and average wholesale prices for each month.
100
90
80
70
60
¢/kWh
50
40
30
20
10
0
-10
-20
JUL
2013
AUG
2013
Maximum Hourly Price
SEP
2013
OCT
2013
NOV
2013
Minimum Hourly Price
DEC
2013
JAN
2014
FEB
2014
MAR
2014
APR
2014
MAY
2014
JUN
2014
JUL
2014
AUG
2014
SEP
2014
Arithmetic Price
Note the commodity cost is only a portion of the total energy bill.
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