Industry
What's new
The OEB has released an updated variance settlement factor that is to be used by electricity distributors to calculate a one-time credit or charge for consumers who choose to stop purchasing electricity through the Regulated Price Plan. This factor is called the "Final RPP Variance Settlement Factor" and is updated on the OEB website monthly.
The OEB has published the 2024 Quarter 2 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 will engage stakeholders to inform its policy review of the electricity distribution system expansion for housing development, with specific focus on the connection and revenue horizons. We are inviting stakeholders to a meeting on April 3, 2024.