What is the Class A / Class B strategy? Know your options
to prepare for the June 15th deadline.
May 8, 2018 | 7:30 a.m. - 10:30 a.m. | Toronto Region Board of Trade | 77
Adelaide Street West, Toronto
BOMA Toronto is hosting a breakfast workshop on Global Adjustment (GA)
to address the charge on your electricity bill. The GA, a regulatory mechanism
was introduced in 2009 as part of Ontario’s Green Energy Act to eliminate
coal-based generation and to encourage greening the power system through
conservation, demand response and cleaner generation, sources but it has
evolved to the point where it now exceeds the cost of energy itself.
Every commercial electricity customer
in Ontario must decide by June 15th.
Recent regulatory changes allow commercial consumers (Class “A”
with peak demand greater than 1MW) to choose how the GA is charged, allowing
them to be billed based on their consumption during the top five peak demand
hours. While this creates an opportunity for companies to save hundreds of
thousands of dollars by implementing strategies to reduce or offset their load
during these peak hours, it has also created much confusion in the industry.
Global Adjustment is relevant to any commercial customer who pays
the spot market price or who has signed a contract with a licensed electricity
retailer. The best choice for
customers depends on numerous factors. Join
us for this workshop to gain a better understanding of GA and what steps you
should take before the June 15th deadline. Our speakers
will provide insight on their experience, choices and results. This is an industry
led workshop with attendance from policy makers and regulators. We urge our
members to have representation at this important information session.
You Will Learn...
- Overview of Global
- What are the
components and costs?
- What are the
- What should be the
Class A / Class B strategy?
- Case studies to
demonstrate costs and benefits
Breakfast & registration start at 7:30.