Whats new - 2020-06-16

The OEB has published the 2020 Quarter 3 prescribed accounting interest rates applicable to the carrying charges of deferral, variance and construction work in progress (CWIP) accounts of natural gas utilities, electricity distributors and other rate-regulated entities. The OEB has also issued a letter which describes a departure from the OEB’s approved prescribed interest rates methodology for Q3 2020. This letter also invites stakeholder comments on factors the OEB should consider when setting the interest rates for Q4 2020.