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The OEB has issued a letter to provide clarification on certain aspects of the temporary reporting requirement related to the financial situation of electricity distributors during the COVID-19 emergency.
The OEB has issued guidance to electricity distributors on implementing the Emergency Order regarding the deferral of a portion of the Global Adjustment. This version of the letter corrects a typographical error in the May 15, 2020 original version in relation to the description of how the invoiced Global Adjustment rate/kWh is to be calculated.
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 is extending the deadline to file project information for the Potential Projects to Expand Access to Natural Gas Distribution consultation to August 4, 2020. We provide this extra time to support proponents who wish to make a submission but are otherwise focused on the ongoing COVID-19 crisis.
The OEB is commencing a consultation on a deferral account, established in relation to the impacts arising from the COVID-19 emergency, approved for all rate-regulated utilities in the electricity and natural gas sectors and Ontario Power Generation Inc.
The OEB has issued a letter that sets out new temporary reporting requirements to facilitate the OEB’s monitoring of the financial situation of electricity distributors during the COVID-19 emergency.
The OEB has accepted an Assurance of Voluntary Compliance from Wholesale Energy Sys. The Assurance responds to non-compliance related to retailing electricity without a licence.
The OEB has issued a letter asking interested proponents in the Potential Projects to Expand Access to Natural Gas Distribution consultation to identify any project proposals that may not be completed by the June 3, 2020 deadline due to the COVID-19 emergency.
The OEB has issued an accounting order for the establishment of deferral accounts to record impacts arising from the COVID-19 emergency for Ontario Power Generation Inc. and Electricity Transmitters.