Global Adjustment (GA) was established by the Provincial Government in 2005 to cover the cost of providing adequate generating capacity and conservation programs for Ontario. Ontario-based customers with a load over 500 kW who participate in the Industrial Conservation Initiative (ICI) pay a GA fee based on their percentage contribution to Ontario’s top five peak demand hours over a 12-month period. These customers are known as “Class A.”

The top five hours of peak demand in a year occur on the days in which the greatest number of MW of electricity are withdrawn from the IESO-controlled grid by all market participants in Ontario.

In order to stay competitive, more and more “Class A” customers are looking to “coincident peak shaving” strategies like energy storage to reduce their energy usage during grid peaks and lower their electricity bills.

Convergent’s energy storage solutions are saving millions of dollars each year for commercial and industrial customers in Ontario by reducing or eliminating our customers’ energy use during the top five annual grid peaks.

Ontario’s electricity rates are higher than any other province and, since 2006, have risen four times as fast as inflation (The Globe and Mail). Convergent can eliminate GA charges and lower your bill up to 40%.

Electricity Pricing in Ontario

GA now eclipses every other line item on the utility bill, constituting 50-70% of the total cost.

Energy storage also hedges against rising energy costs, solves power quality issues, and supports corporate sustainability goals.

Using an energy storage solution to reduce Global Adjustment charges requires more than a state-of-the-art system. It requires the intelligence and capability to dispatch the energy storage system at the exact right time.

Convergent’s PEAK IQ algorithm is 25% more accurate than public market forecasts.