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 released a Discussion Paper presenting draft performance incentive mechanisms for electricity distributors as part of its consultation to advance its performance-based approach to rate regulation. The OEB is hosting a stakeholder meeting on June 3, 2025, to seek feedback on the paper.

The Ontario Energy Board welcomes two new members to our Board of Directors. David Butters and Frederic A. Waks join our existing Board members in strengthening trust within the sector through strong leadership and good governance.