Electricity
RPP = Regulated Price Plan
Consumers who use less than 250,000 KWH annually.
HOEP Customers
Consumers who use 250,000 KWH annually or more.
How often do Natural Gas Rates change?
Every 3 months – January 1st, April 1st, July 1st, October 1st
What is the max term someone can be in an energy agreement?
5 years or 60 Months
What percentage of bill audits have overcharges?
65-80% of bill audits have come back with overcharges.
Who are the RPM Groups partners/owners?
Johnny Lavoie - President
Jody Kelly
Ray Rahaman
Lucette Trottier
From 2020 to 2022 :
The Global Adjustment ___ over ___ %
Wholesale market rates ____ over ___ %
From 2020 to 2022 :
The Global Adjustment dropped over 50 %
Wholesale market rates increased over 200 %
What percentage of natural gas is in our current hydro generation?
25% of hydro comes from natural gas, it is expected to reach 40%
What does the term fully hedging and what it means for our clients?
By fully hedging, MyRate pre-purchases the electricity and natural gas for the term of the agreement based on the client’s historic usage. This provides 100% cost certainty.
How much did our power factor correction project save Hanon Systems?
$15,000 - $20,000 savings per year.
What are the names of the Tim Hortons owners we have reference letters for?
Neil Hudman and Dwane McGlinchey
What three agencies oversee the Ontario Electricity Markets and what do they stand for?
OEB = Ontario Energy Board
OPG = Ontario Power Generation
IESO = Independent Electricity Systems Operator
Who is our main supplier for Natural Gas?
British Petroleum
What is the blend and extend and how often can it be done?
This allows us to lower client rates if market rates drop, or our buying power allows us and can be done an unlimited number of times.
What business did we save $30,000 on an LED Project with what percentage of light cost savings?
Asten Johnson, 94% savings on their lighting project.
What is the acronym for MMBTU?
Metric Million British Thermal Unit
What is the Global Adjustment?
The Global Adjustment is a monthly adjustment that ensures the commodity price paid for electricity on the wholesale market more accurately reflects the cost to produce this electricity. It's the difference between the sport market price and the rates paid to generators.
What were Enbridge Natural Gas Rates in July 2022?
31.3751
What is the difference between the IESO and OEB?
The OEB Regulates gas and electricity.
IESO Manages electricity.
What was the ROI for Treehouse Foods LED Project?
1.7 year Return on Investment
What reference letter claims RPM gave them peace of mind, security and stability through covid?
The Briars Golf Course
How much did the government subsidize hydro last year alone?
In 2021, the government subsidized taxpayers $6.5 Billion Dollars.
When was Natural Gas Deregulated?
In 1997
What is force majeure/inability to perform?
A clause that renders it impossible to continue contractual obligations.
The measure of how effectively equipment converts electric current to useful power output.
KW/KVA.
Who is Richard Tarte?
Commonwealth Plywood's Legal Counsel - he signed the reference letter.