Global adjustment

The peak demand factor for industrial customers was 10.4 per cent in the 2013 base period, dropped in the 2014 base period to 9.6 per cent. By the end of 2014, global adjustment amounted to 17 per cent of total costs for industry; the proportion of total costs recovered through the global adjustment is expected to peak at 35 per cent by 2021.  

Under the 2013 LTEP planning assumptions, the cost of nuclear and renewable energy likely will be the two largest contributors to global adjustment cost components after capacity costs for natural gas-fired generation.