Dynamic Pricing

Québec
Hydro-Québec's dynamic pricing programs

Rate Flex D and Rate D with Winter Credit Option

Help reduce demand on the power grid and save on your electricity bill.

How the programs work

During the heating season, the entire population consumes energy simultaneously, creating energy
peaks and overloading the power grid. To better distribute demand and reduce pressure on the grid,
Hydro-Québec offers its customers dynamic pricing programs. These programs encourage participants
to reduce their energy consumption during peak hours, thereby generating substantial savings on their
electricity bills.

Rate Flex D

Participants in Rate Flex D can take advantage of a reduced rate on their energy consumption during
regular hours and a higher rate (53.526¢/kWh) during peak hours.

Rate Flex D is a dynamic rate that can save you quite a bit of money. Electricity is cheaper than the base
rate in winter, except during peak demand events, when it’s more expensive.

How Rate Flex D works

Rate Flex D is different than the base rate (Rate D). This is how it works.

In winter,

 outside peak demand events, the price of electricity is below the base rate, so you can save
money.
 during peak demand events, electricity is billed at a high price (53.526¢/kWh). You’ll have to
shift nonessential electricity use or limit it to reduce costs. The day before a peak demand event,
you’ll receive a notification by email and, if you like, through our mobile app.

The rest of the year, Rate D (base rate) prices apply.

There is risk with this option

Rate D with Winter Credit Option

Winter credit: Risk-free option

The Winter Credit Option is a dynamic pricing option that is combined with Rate D (base rate) and
enables you to receive a credit if you reduce your electricity use during peak demand events. It’s risk-
free, because your bill can only go down.
Rate D with winter credit option participants pay electricity at the base rate and can receive a credit of
53.526¢ for every kilowatt-hour less consumed during peak hours (based on usual consumption)

How the Winter Credit Option works

When you sign up for the Winter Credit Option, you continue to pay for electricity at the base rate (Rate
D).

The day before a peak demand event, you’ll receive a notification by email and, if you wish, through our
mobile app.

During an event, you’re entitled to a 53.526¢ credit for every kilowatt-hour (kWh) “curtailed” (that is,
not consumed compared with your usual energy use).

The greater the effort you make, the more you’ll save

A mild winter versus a cold winter- In a winter season with a greater number of peak periods (a
maximum of 100 hours), your potential savings will be higher, whereas in a winter with only a few peak
periods, you will likely save less

Peak demand events

Peak demand events can take place any day of the week from December 1 to March 31, from 6 to 9 a.m.
and from 4 to 8 p.m. There may be 25 to 33 events per winter, at most, for a maximum of 100 hours in
all. - (Apply for both)

Ontario
There 3 different electricity Price plan

1. Time of use (TOU)

With TOU and ULO, the price depends on when you use electricity. This means you can help manage
your electricity costs by shifting your usage to lower price periods when possible.

Time of use (TOU)

There are three TOU price periods:

Off-peak, when demand for electricity is generally lower. Ontario households use most of their
electricity – nearly two thirds of it – during off-peak hours.

Mid-peak, when demand for electricity is moderate. These periods are during the daytime, but not
the busiest times of day.

On-peak, when demand for electricity is generally higher. These are the busier times of day –
generally when people are cooking, starting up their personal electronics and running heaters or air
conditioners.
TOU price periods are different in the summer (May 1 – October 31) than they are in the winter
(November 1 – April 30).

Ultra-low overnight (ULO)

There are four ULO price periods:

 Ultra-Low Overnight, when demand for electricity is lowest on average.

The ULO price periods are the same in the summer as they are in the winter.

Tierced pricing

With Tiered prices, you can use a certain amount of electricity each month at a lower price. Once that
limit (called a threshold) is exceeded, a higher price applies. The threshold changes with the season to
reflect changing usage patterns – for example, there are fewer hours of daylight in the winter and some
customers use electric heating.
In the winter period (November 1 – April 30), the Tier threshold for residential customers is 1,000 kWh,
so that during the heating season households can use more power at the lower price. In the summer
period (May 1 – October 31), the Tier threshold for residential customers is 600 kWh. The Tier threshold
for small business customers is 750 kWh all year round.

Tiered prices give you the flexibility to use electricity at any time of day at the same price, although that
price will change if you exceed the threshold during the month.

Bill Calculator | Residential home

This bill calculator allows you to compare the Time-of-Use (TOU), Ultra-Low Overnight (ULO) and Tiered
price plans.

[Link]

British Colombia
Residential rate design

New optional rate plan available as early as June 2024

On December 12, 2023, the B.C. Utilities Commission (BCUC) approved our application to offer optional
time-of-day pricing to our residential customers. The new tiered rate with time-of-day pricing will be
available to customers as early as June 2024.

This new rate plan provides you with a choice in how you're charged for electricity use, offers a way to
save money on your bill if you can shift usage to lower price periods, and supports electric vehicle (EV)
drivers who’ve made the switch to clean electricity.
How time-of-day pricing will work

This new rate plan is optional, and you can decide if it's right for you. Once it's available, we'll provide
tools and tips to help you make that decision.

If you choose this plan, you'll still be billed for your total electricity use in a billing period at the existing
two-tier residential rate, but you’ll receive discounts and surcharges on your bill depending on when you
used electricity.

 You'll get a discount of -5 cents per kilowatt hour (kWh) for electricity used overnight (11 p.m.
to 7 a.m.).
 You'll be charged a surcharge of +5 cents per kWh for electricity used during the on-peak period
(4 to 9 p.m.).
 No discount or surcharge applies to usage during the off-peak period (7 a.m. to 4 p.m. and 9 to
11 p.m.)
 Time-of-day pricing applies year-round and every day of the week.

Benefits of this rate plan

This plan is designed to help encourage customers to shift their electricity use to periods when demand
for electricity is lower and there's more system capacity by offering a lower price for electricity used
during these times.

You could achieve bill savings on this rate plan by shifting some of your electricity use to lower price
periods, such as charging an electric vehicle (EV) or running your dishwasher.

Background on the rate design process

We engaged with over 35,000 customers and our stakeholders and carefully considered the input
throughout the process.

Your input gave us insights into your priorities when it comes to future rate options. Our rate options
should:

 Give customers a choice to pick a rate that best meets their needs and lifestyle.
 Incentivize the use of clean electricity rather than fossil fuels.
 Encourage customers to shift some electricity use to overnight to make better use of existing
electrical infrastructure.