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The price is based on the incremental cost of providing such energy. Incremental
cost is defined as the incremental generation or purchased power cost after
supplying in-province firm load and other firm supply commitments.
Schedulable Energy prices are:
On peak price = incremental cost during on peak hours + 0.9¢/kWh.
Off peak price = incremental cost during off peak hours + 0.3¢/kWh.
The on peak period is defined as 0800 to 2400 hours Atlantic Prevailing Time on
all weekdays, except statutory holidays in New Brunswick. All other hours are
considered to be off peak.
NB Power will provide a week ahead forecast and day ahead firm quotes of the on
and off peak prices to be paid by the Customer. When NB Power has insufficient
resources to supply its loads, the price of Schedulable Energy will be quoted
and updated on an hourly basis.
Schedulable Energy Customers can arrange for a third party outside of New
Brunswick to supply energy to NB Power. In such an event, NB Power would pay
the supplier 0.05¢/kWh less than the incremental cost used in determining the
price of Schedulable Energy and the Customer would still pay NB Power the full
price of Schedulable Energy including the adders.
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