THE INDEX ADVANTAGE PROGRAM is for multi-location small volume electricity accounts. Example, you have 10 dry cleaning locations, 5 small plants, 30 offices or 20 retail stores.
We call our program, the Index Advantage*, because if you are a Time-of-Use business customer, going on ‘Index’ is to your advantage! Index, is the Hourly Ontario Electricity Price (HOEP). The HOEP or ‘Index’ is the way larger users are billed for electricity by the Province, designed to keep prices lower for these users and to encourage them to stay and keep jobs in Ontario. Smaller user can go on Index and save money. For the average business owner, you don’t have the advantage of shifting your load to off-peak rate time periods like a home owner does. Your hours are mostly peak and mid-peak. As such the cost ends up being higher than the actual market price.
* For clients with multiple accounts under 250,000 kWh with a min aggregate annual volume of 750,000 kWh
Every building is unique, however, unless you are 24/7 it’s HIGHLY unlikely we won’t find a savings, but we will do a profile of your exact usage before you decide. The best part? The 30 day no penalty exit clause. You can leave at any time and go back to Time-of-Use. We have 4 suppliers that offer this program we can guide you in choosing.
WANT TO TAKE IT TO THE NEXT LEVEL? Enroll with a supplier that can also do strategic hedges in short terms (like only Summer and Winter months) and realize even more potential savings. Once you are on Index you can lock in right away for even just one or two months if there is an opportunity to save further.* Minimum 1 year term for this program.
*For clients with no single account under 70,000 kWh per year and at least 1,000,000 kWh annually combined.
DON’T LIKE LONG TERM CONTRACTS? NEITHER DO WE. 30 DAYS CANCELLATION WITH NO PENALTY TO EXIT THIS PROGRAM AT ANY TIME.