Rate Flex G

Rate update

Adjustments are awaiting the approval of the Régie de l’énergie. See the interim provisions in the Electricity Rates [PDF 2.3 MB].

Rate Flex G: Potential for substantial savings

Rate Flex G 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.

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Running time: 1 minute 39 seconds.
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Video transcript Rate Flex G

  • 00:00Rate Flex G
  • 00:02Rate Flex G
  • 00:03is a new offering
  • 00:04that lets you save
  • 00:05all winter long.
  • 00:06You’ll enjoy a lower electricity price,
  • 00:08except at certain times,
  • 00:10when it’s higher
  • 00:11than the base rate.
  • 00:13On cold days,
  • 00:14the grid is under a heavy load.
  • 00:16This creates peaks in demand.
  • 00:19To spread it out more evenly
  • 00:20we schedule what we call
  • 00:22peak demand events.
  • 00:24These events may occur mornings
  • 00:26and evenings
  • 00:27from Monday to Friday.
  • 00:29It’s easy!
  • 00:30• You’ll get a notification the day before the event.
  • 00:34• Reduce your electricity use during the peak
  • 00:39or put it off until later,
  • 00:41• And you’ll see savings on your bill.
  • 00:45During peak demand events,
  • 00:47the price of electricity is higher.
  • 00:49That’s why it’s important to reduce your electricity use
  • 00:52by taking simple steps like these:
  • 00:54• Turn the thermostat down a few degrees.
  • 00:57• Use less hot water.
  • 00:59• Put off using nonessential appliances.
  • 01:03• Delay charging your electric vehicles.
  • 01:06By tracking the results in your Customer Space,
  • 01:09you can see the impact you’re having on your electricity bill.
  • 01:12If you’re in a position to reduce your electricity use,
  • 01:16Rate Flex G might be the right choice for you.
  • 01:19This offering is optional.
  • 01:21You can opt out whenever you want.
  • 01:24During the gradual rollout,
  • 01:25a limited number of customers,
  • 01:27will have access to Rate Flex G.
  • 01:30They can sign up on a first-come,
  • 01:31first-served basis.
  • 01:34Compare the offerings in your Customer Space
  • 01:36and see how much you could save.
  • 01:39Rate Flex G
  • 01:40is a smart choice!

How Rate Flex G works

Rate Flex G is different than the base rate (Rate G). 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 (54.442¢/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, the price of the first tier of Rate G (base rate) applies.

Risk

The risk depends on your energy use habits. Your bill could be higher at Rate Flex G than at the base rate if you don’t take the necessary steps during peak demand events when the price is higher. It’s important to use as little electricity as possible during those events, so you aren’t penalized.

A mild winter versus a cold winter

The number of hours of peak demand events may vary from one winter to the next, according to the electricity demand forecast, which fluctuates depending on weather conditions and the state of the grid. In a winter season with only a few peak periods, your potential savings will be higher, whereas in a winter with several peak periods (a maximum of 100 hours), you will likely save less. By reducing your electricity use as much as possible during peak periods, you are sure to save!

Peak demand events

Peak demand events can take place weekdays 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.

A customized tool to track your results

You can see the results of your efforts in the Consumption Profile in your Customer Space. It tells you the following:

  • Information about the current winter, updated daily (total savings or increase, number of hours in peak demand events already gone by, number of days of the winter period elapsed)
  • Your energy use during peak demand events and outside events
  • Upcoming events for which you have received a notification
  • History of previous winters

Interested in dynamic pricing?

Compare the various offerings in your Customer Space.

Compare the rates and sign up

Compare the rates in your Customer Space to find out how much you could save and to sign up for the Winter Credit Option or Rate Flex G.

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More information

To find out more about Rate Flex G, see Section 4 of Chapter 3 of the Electricity Rates [PDF 1.44 MB].

Other useful information

How to request electricity service