The OEB is launching a consultation to advance its performance-based approach to rate regulation. The objective of this initiative is to develop ways to strengthen the link between what electricity distributors earn and the achievement of outcomes consumers value, such as cost-effectiveness, reliability and customer service.

The OEB’s Board of Directors is pleased to announce the appointment of Dr. Vinay Sharma to the role of part-time Commissioner and extension of Dr. Robert Dodds in his current role as full-time Commissioner. Dr. Sharma joins an existing compliment of highly qualified and dedicated Commissioners who collectively are responsible for ensuring the quality, efficiency and timeliness of our adjudicative work.

The OEB has issued a letter describing an initiative to implement a requirement for utilities to periodically submit an independent cyber-security assessment based on the Ontario Cyber Security Framework (OCSF). The proposal would require utilities to have a qualified third-party assess their maturity against the OCSF and then report this to the OEB. OEB staff looks forward to the opportunity to present this initiative and engage with industry participants at an upcoming CSAC meeting. All licensed electricity transmitters and distributors are encouraged to participate.