If customers buy electricity under the Regulated Price Plan, an estimate of the Global Adjustment is already built into the stable price for electricity set by the Ontario Energy Board (OEB).
If customers buy from an electricity retailer, the Global Adjustment is not included in the contract price offered by the retailer, so on their bill, the Global Adjustment is displayed as a separate line item and is a volumetric charge based on their energy consumption (in kWh).
For each consumer whose electricity is not measured by an interval meter, this price will be determined by a Weighted Average Global Adjustment (WAGA) based on the first Estimate of Global Adjustment and Hydro One’s Network System Load Shape. The Global Adjustment is calculated on a loss-adjusted kWh basis, meaning that the rate will be displayed in cents per kWh on customer bills, as well as the consumption in kWh.