Understanding Rate Flex D
Rate Flex D is a dynamic rate that can save you quite a bit of money. In winter, more than 95% of the time, the price of electricity is below the base rate. The exception is peak demand events, during which the price is higher.
To maximize your savings, the trick is to reduce your consumption during peak demand events, i.e., when the price of electricity is higher.
Winter period:
Dec. 1–March 31
-
System access charge for each day in the consumption period
46.154¢
-
Price applicable to energy consumed up to 40 kWh times the number of days in the consumption period (1st tier)
4.774¢/kWhSavings of 31%
-
Price applicable to remaining energy consumed (2nd tier)
8.699¢/kWhSavings of 18%
-
Price applicable to energy consumed during peak demand events
45.088¢/kWh
Rates effective April 1, 2024. This table does not replace the Electricity Rates document in any way whatsoever.
Summer period:
April 1–Nov. 30
-
System access charge for each day in the consumption period
46.154¢
-
Price applicable to energy consumed up to 40 kWh times the number of days in the consumption period (1st tier)
6.905¢/kWh
-
Price applicable to remaining energy consumed (2nd tier)
10.652¢/kWh
-
Price applicable to energy consumed during peak demand events
N/A
Rates effective April 1, 2024. This table does not replace the Electricity Rates document in any way whatsoever.
Understanding electricity rates
Rates generally consist of three components that reflect the costs actually incurred in providing electricity service over a given period: namely, the system access charge; energy; and power demand. Here are some details about these concepts to help you better understand your rate.
A set amount, expressed in dollars per month or cents per day, that a customer must pay for their electricity service. For Rate Flex D, it is expressed in cents per day.
The term “system access charge” came into effect on April 1, 2019, replacing the term “fixed charge.”
The amount billed for energy varies based on your consumption.
“Energy” refers to the power used by electrical equipment over a given period of time. Expressed in kilowatthours (kWh), energy is calculated as power, expressed in kilowatts (kW), multiplied by the time during which the power is used, expressed in hours (h).
“Power demand” is not part of Rate Flex D.
Other pricing components that can affect your bill
Two more factors will affect the amount you are billed: the consumption period, and the credit for supply.
Period during which electricity is delivered to the customer and which extends between the two dates used by Hydro‑Québec for calculation of the bill.
Hydro-Québec grants a supply credit of 0.2656¢ per kilowatthour (kWh) to Rate Flex D customers to whom it supplies electricity at 5 kilovolts or higher.
Domestic rates, like the other rates, assume that electricity will be supplied at low-voltage . If you have equipment to step down the voltage of the electricity delivered to you or if you use electricity at medium or high voltage , that means reduced costs for Hydro‑Québec. That’s why we grant you a monthly credit.
Save up to 20% on your winter electricity bill
More information
To find out more about Rate Flex D, see Section 9 of Chapter 2 of the Electricity Rates [PDF 1.44 MB].
Rate
Electricity rate effective April 1, 2024.
Low voltage: Voltage of 750 volts (V) or less.
Medium voltage: Voltage of more than 750 V, but less than 44 kilovolts (kV).
High voltage: Voltage of 44 kV or more.
Voltage
Difference in electrical level between two points, expressed in volts (V).
Low voltage: Voltage of 750 volts (V) or less.
Medium voltage: Voltage of more than 750 V, but less than 44 kilovolts (kV).
High voltage: Voltage of 44 kV or more.