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Electricity Price: Deciphering Your Electricity Bill Part 3/4

Since suppliers offer their supply at their operating cost, the market clearing price can often not be high enough for them to cover all costs.  From the last blog, we saw that the average HOEP in 2013 was 2.5 cents/kWh, which is not enough for...

Energy Management: Success is a team effort.

Would Wayne Gretzky have been as successful without role players like Dave Semenko and Marty McSorly? I’m not trying to rehash this timeless debate; however, these guys undoubtedly opened up the ice for #99.  They gave him something he needed –  time and space.  Your...

Energy Management – 2 Step Process of Continuous Improvement

There is no such thing as perfection. We’re all familiar with the concept of continuous improvement – even if you’re already considered “the best” at something, you can always get better. Peyton Manning, Michael Jordan, and of course Wayne Gretzky, were all arguably the best...

Electricity Price: Deciphering Your Electricity Bill in Ontario Part 2/4

This is the consumption portion of your bill where you are billed by kWh based on your meter reading, usually monthly. This charge is further broken down into two price components: Electricity – also know as the spot price, the market clearing price (MCP), or...

Ontario Electricity Market Commentary – January 2014

January marked the return of rollercoaster-style volatility in the Ontario electricity market, and what a wild ride it was. January’s average weighted Hourly Ontario Electricity Price cleared 6.5cents/kWh for the month, well over analyst predictions for the period and more than twice the average price...

Deciphering Your Electricity Price and Bill in Ontario – Part 1/4

Electricity Bills are Complex It can be frustrating to consistently pay for something you don’t understand. It is even more painful when your electricity bills continue to go up. What is driving the electricity cost increase? How can you cut it? This four part blog...