Everyone must pay the “Global Adjustment” on their electricity bills, but many of us have no idea what this fee is. It remains mysterious much of the time, as homeowners don’t see this charge broken out – it’s a part of the collective charge for home hydro.
On average, “residential customers and small businesses in Ontario paid … 7.9 cents per kilowatt hour in Global Adjustment fees last year.” This fee stems from the Ontario Green Energy Act. This act was put into motion in 2009 and its intent was to expand the province’s use of renewables, promote conservation of energy, and create more green jobs. To learn more about how the global adjustment is broken down, and what the allocated money is used for currently, check out this informative Global News article, by Brian Hill.