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How the “Covid Electricity Rates” Apply to Your Bill

How the “Covid Electricity Rates” Apply to Your Bill

Submitted By: admin on Jun 23, 2020

This updates our Blog post of March 26th - Lower Electricity Prices For Some Accounts

Electricity pricing for condominiums is complicated because it is a blend of commercial and residential pricing structures.

The chart below gives you a quick review of the different pricing structures available, and how the various “Covid prices” may apply to your electricity account so you can better plan going forward.

It is really important to note that the pricing below is for the commodity (the electricity) only.  The other items on your bill like Distribution and Transmission that make up the other half of the bill tend to go up slowly and steadily over time.

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Energy Facts

  • Crossbridge has the property management industry’s only Ontario Power Authority sanctioned Embedded Energy Manager
  • Crossbridge’s clients have realized approximately $1 million of new savings each year
  • Since mid-2010 we have facilitated annual utility savings to our clients totaling nearly $8.0 million
  • We have also urged government departments and agencies to address inequities in utility billing, evaluated new products and services, developed new municipal codes and established industry best protocols for our clients (e.g. Electrical vehicle charging in condominiums)