A commodity rate is the “per unit cost” that a commodity, either electricity, water, thermal energy or gas, is charged at.
Electricity: In Ontario, the electricity sector is regulated by the Ontario Energy Board and building owners may be charged according to: Regulated Price Plan (RPP), Time-of-Use (TOU), Hourly Pricing, Hourly Ontario Energy Price (HOEP), or Electricity Retail Contract (Fixed Contract) pricing. Metergy billing reflects the pricing model that the building is on. Read more about Ontario electricity pricing models and current RPP rates.
Water: Water rates are determined by the local utility and will differ region to region.
Gas: The Ontario Energy Board sets the rates charged by natural gas utilities. For more information, visit the Ontario Energy Board website.
Thermal Energy: Thermal energy is the amount of heat added or removed from a unit. Because thermal energy is delivered by the central mechanical equipment in a building, rates must be calculated by the building, its consultants or Metergy. We take a rigorous approach and meter the central mechanical equipment to accurately calculate thermal energy rates at which residents are being charged.