Ontario deferred a portion of Global Adjustment (GA) between April and June 2020 by limiting the Class B GA rate to $115/MWh for non-Regulated Price Plan (RPP) customers and providing proportionate reductions for Class A customers. The deferred costs were intended to be recovered over a 12-month period beginning in January 2021.

Ontario has now made amendments to O. Reg. 429/04, effective January 1, 2021, to enable the recovery of those deferred GA costs. Starting in January 2021, Class A and non-RPP Class B customers will repay the deferral costs over 12 months. RPP consumers are not affected by these changes. These regulatory amendments can be found at www.ontario.ca/laws/regulation/r20772.