Electricity Distributor Recovery of Regulatory Assets

Related documents

Electricity Distributor Recovery of Regulatory Assets - Phase 1

• 2004 Rate Adjustment Model Spreadsheet (xls)
• RP & EB File Numbers (pdf)

On February 5, 2004, the Board published notice of applications by 92 distribution utilities seeking to recover Regulatory Assets.

The Board has prepared a summary report of Regulatory Asset accounts as provided by the utility in its rate application. The individual application should be referred to for the amount proposed by the utility to be recovered in rates starting April 1, 2004. While every effort is made to ensure accuracy, intervening parties should consult applications of interest.

Summary of Regulatory Asset Information by Utility (xls)

Electricity Distributor Recovery of Regulatory Assets - Phase 2

The Board determined that the Review of Regulatory Assets for Ontario Electricity Distributors would be done in two Phases. Phase 1 was the granting of interim rate recovery on April 1, 2004. Phase 2 was the prudency review of the Regulatory Asset balances. As a first step in Phase 2, the Board reviewed the Regulatory Asset applications of Hydro One, Toronto Hydro, Enersource Hydro Mississauga and London Hydro. In addition to the decisions on the rate recovery amounts for each of these four distributors, the Board also assessed what would constitute the best evidence, forum and process to determine the reasonableness of Regulatory Asset amounts for the remaining distributors.

• July 26 -05:
  • Toronto Hydro-Electric System Limited Final Order (pdf)
  • Toronto Hydro-Electric System Limited Final Schedule (pdf)
• Mar 14-05:
  • Hydro One Networks Inc.Final Order (pdf)
  • Hydro One Networks Inc. Legacy Schedule (pdf)
  • Hydro One Networks Inc. Acquired Schedule (pdf)
  • Toronto Hydro-Electric System Limited Interim Order (pdf)
  • Toronto Hydro-Electric System Limited Interim Schedule (pdf)
  • Enersource Hydro Mississauga Inc. Final Order (pdf)
  • Enersource Hydro Mississauga Inc. Schedule (pdf)
  • London Hydro Inc. Final Order (pdf)
  • London Hydro Inc. Schedule (pdf)
• Jan 11-05:
  • Board Order Re: Dec. 20, 2004 Hydro One Filing of Revised Balances as per Decision (pdf)
  • Hydro One's Approved Charges to Embedded LDCs as per Dec. 9, 2004 Decision (xls)
• Dec 9-04:
  • Executive Summary (pdf)
  • Decision (pdf)
  • Appendix A (pdf)
• May 5-04:
  • Letter to all electricity distributors indicating the Board's intention to proceed with Phase II of the Review and Recovery of Regulatory Assets (pdf)

Following the Phase 2 prudence review of Regulatory Assets for Hydro One, Toronto Hydro, Enersource Hydro and London Hydro, the Board determined what constitutes the best evidence, forum and process to determine the reasonableness of Regulatory Assets and how these amounts should be recovered from customers, for the remaining distributors. The Filing Guidelines provided below are based on the Board’s Decision. The Regulatory Assets worksheet and accompanying documentation are also provided below. 

• July 25-05:

  • HO1 charges to embeddeds – Jan. 1.04 to Apr. 30.06 – Email to all LDCs - Revised (pdf)
  • Hydro One Jan. 2004 to April 2006 – charges to Embedded Distributors (pdf)

• July 12-05:

  • Regulatory Asset Filing Guidelines for Phase 2 review for remaining distributors (pdf) (revised Jul 12-05)
  • Regulatory Assets Recovery Worksheet for remaining distributors, Version 2.0 (pdf)
  • Regulatory Assets Recovery Worksheet, Version 2.0 Documentation (pdf) (revised Jul-12-05)