New Regulatory Framework Enables Corporate Power Purchase Agreements In Ontario

Ontario's updated Global Adjustment (GA) regulations under the Electricity Act, 1998 now allow Class A customers under the Industrial Conservation Initiative (ICI) to enter into corporate power purchase agreements (C-PPAs) with qualifying renewable electricity generation facilities. These amendments enable Class A customers to offset consumption during the "high five" system peak hours.

The amendments effectively treat separately connected supply under C-PPAs as behind-the-meter for the purpose of calculating global adjustment (GA) apportionment, providing large electricity consumers with a practical mechanism to manage costs and support clean energy development.

How the Framework Works