What is Global Adjustment?
Global Adjustment covers the cost of building new electricity infrastructure in the province, as well as delivering Ontario’s conservation programs − ensuring that enough electricity supply will be available over the long term.
The Global Adjustment is set monthly to reflect:
Responding to changes in the HOEP, the Global Adjustment varies from month to month − generally, when the HOEP is lower, the Global Adjustment is higher in order to cover the costs of regulated and contracted generation.
Source : IESO