Today, the Ontario Energy Board (OEB) issued a revised Handbook to Electricity Distributor and Transmitter Consolidations: Rate-making Considerations and Filing Requirements for Consolidation Applications (2024 MAADs Handbook, originally published June 18, 2024).
In addition to correcting a few minor typographical errors, the revised 2024 MAADs Handbook also clarifies that a distributor rebasing in a period of 5 years or less (and not just less than 5 years) is required to provide a report on the rebasing progress at its first rebasing application post-consolidation.