What's new newsletter

The OEB is inviting stakeholders to a meeting on September 9, 2024, to discuss two proposed alternative price plans for Class B consumers – which include mid-size commercial and light industrial businesses – that aren’t on the Regulated Price Plan. During this meeting, the OEB will provide background information on the development of these price plans and discuss how they may help businesses better manage their energy costs and reduce system costs.

The OEB has issued a letter providing an issues list, based on stakeholders’ input, that will be addressed in the Transmission Connections Review. The OEB has identified two streams and makes a call for working group nominations to address the issues related to each stream.

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.

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.

The Province of Ontario has appointed Mark E. White as Chair of the OEB’s Board of Directors. Mr. White is an accomplished leader in regulation, policy and governance. He brings a strong background in law, risk management, markets and organizational transformation, having served as the inaugural Chief Executive Officer of Ontario’s Financial Services Regulatory Authority.  Geoff Owen, an OEB Director since September 2021 and Chair of the Board of Directors’ Letter of Direction Task Force, has been appointed as Vice Chair of the Board of Directors. With Mr. White and Mr. Owen, the Board of Directors will continue its work to support the OEB through the energy transition, strengthen public trust and provide strong leadership and good governance.

The OEB has launched the Vulnerability Assessment and System Hardening (VASH) project in relation to the OEB’s Distribution Sector Resiliency, Responsiveness and Cost Efficiency initiative. The VASH project has been initiated to address the ask from the Minister of Energy (now Energy and Electrification) to develop and implement policies to improve distribution sector resiliency in response to the challenges posed by climate change.

The OEB has approved changes to the prices Enbridge and EPCOR will charge its customers for natural gas effective July 1, 2024.

The OEB has posted Price Comparison templates for Natural Gas Contracts for Enbridge and EPCOR valid from July 1 - September 30, 2024.

The OEB has issued a letter on the inflation factors to be used to set rates for certain electricity transmitters and electricity and natural gas distributors for 2025.

The OEB has updated Chapter 3 of the Filing Requirements for 2025 rate applications, adding references to Non-Wires Solutions Guidelines in the sections relating to the Lost Revenue Adjustment Mechanism Variance Account and the Incremental Capital Module.