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Why is Ontario electricity over 300% higher than normal right now?

  If you are a large user of electricity, you are subject to the ‘spot market’, or the Hourly Ontario Electricity Price (HOEP). This is a dynamic price, which changes every 5 minutes. You see this reflected on your electricity bills as a monthly figure....

Electricity Price: Deciphering Your Electricity Bill Part 4/4

This is the final post in Samira’s series on electricity price. It covers 4 types of charges on your electricity bill: Delivery charges Regulatory charges Debt retirement charge Ontario Clean Energy Benefit

Risk Management: A Calculated Risk Can Equal a Great Decision

Risk is ever present in the world of electricity pricing.  In many cases, it’s not a question of if the unexpected will strike, but rather when.   Ontario is experiencing record electricity prices this winter that are showing strains on your energy budget.  You are likely...

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...