ICI – Class A or B

//ICI – Class A or B
ICI – Class A or B2020-06-06T12:18:17-04:00

Home Forums Energy Discussions ICI – Class A or B

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    • lanchinguyenweekes
      Participant
      Post count: 11

      Hello,

      I was wondering if any of you is considering switching back to Class B for this coming year with much less on site presence ? I am thankful for any advice or warning.

      Lan Chi

       

    • Aman Hehar
      Participant
      Post count: 2

      Hello – Every institution’s situation is unique, for Humber it made sense to stay on Class B this year due to significant reduction in consumption as a result of COVID-19.

      Aman

    • Paul
      Participant
      Post count: 3

      Hello Lan,

      Here at Lambton College we have decided to opt into Class B enrollment from July 1, 2020 to June 30, 2021. Class A was only cost effective if our overall energy consumption for our one main building, which was Class A eligible, was greater than or less than 7.5% compared to the last GA payment period. Presently, our electricity consumption this past April and May, compared to last year’s, has already dropped by about 20-60%/ month/ account.

      I would also like to point out that our LDC gave us the option to amalgamate existing buildings on the same property line as our original Class A building, providing us the opportunity to have one global adjustment fee for 1 out of 7 buildings. After considering this situation, it was still more advantageous for us to have all of our buildings as Class B considering the forecasted decline in our electricity consumption.

      Paul Cochrane

    • jondilworth
      Participant
      Post count: 1

      Echoing Aman’s comment, it depends on your PDF and how you will be/are operating during the pandemic. If you are seeing significant consumption reduction and believe you can maintain it, Class B likely makes sense (unless you did particularly well with your PDF last year). Even though analysis shows that Class A would be beneficial if we were operating under “normal” conditions, Seneca will be going Class B due to substantial reduction in consumption which we believe we can maintain. A good way of looking at it (which is now provided with Jupiter’s recommendation reports) is performing a sensitivity analysis showing the impact of changes in consumption and total GA costs. Here’s what Seneca’s looks like (Green = Class A favourable; Red = Class B favourable):

      As shown above, if we can maintain a reduction of at least 10%, Class B should result in avoided costs.

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