MAY 4, 2020
Here is some information that impacts small/medium sized industrial facilities – provincial government announced late Friday a freeze in GA rates for April, May and June (June – if approved).
- The GA rate for smaller industrial and commercial consumers (i.e., Class B) has been set at $115 per megawatt-hour, which is roughly in line with the March 2020 value. Large industrial and commercial consumers (i.e., Class A) will receive the same percentage reduction in GA charges as Class B consumers.
- Subject to the approval of subsequent amendments, deferred costs would be recovered over a 12-month period beginning in January 2021.
Any questions, let me know.
Have a wonderful day and stay safe!