Application for Approval of Smart Metering Charge for 2023-2027


The Independent Electricity System Operator in its capacity as the Smart Metering Entity, has applied to the Ontario Energy Board for approval of the following:

  • A Smart Metering Charge of $0.43 per meter per month, for residential and general service less than 50kW customers, to be charged to each electricity distributor for a 5-year period, beginning January 1, 2023 to December 31, 2027
  • A revenue requirement of $137.5 million for the period 2023 to 2027
  • To establish the Operating Reserve Balancing Account and to discontinue the Balancing Variance Account and its associated sub-accounts, beginning January 1, 2023
  • An operating reserve of up to $2.5 million in the Operating Reserve Balancing Account
  • To continue the practice of sharing a draft of the annual Cost and Variance Report by April 30 of each year with parties for review and filing a final version of the Report with the Ontario Energy Board by May 31 of each year 
  • To dispose of any surplus balance in the Operating Reserve Balancing Account based on certain conditions.

The current OEB-approved Smart Metering Charge is $0.57 per meter per month. The Smart Metering Charge covers the costs of developing and operating the Meter Data Management/Repository, which is used to collect, manage, store and retrieve smart metering data.

In a separate Decision and Order dated April 14, 2022, the Ontario Energy Board approved the Smart Metering Entity’s request to charge, on an interim basis, a Smart Metering Charge of $0.43 per meter per month, for the 9-month period beginning April 1, 2022 to December 31, 2022.

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Submit a letter of comment

You can submit a letter of comment that will be considered by the panel deciding the application. Unless the notice states otherwise, your letter of comment must be received by the OEB no later than 60 days after the publication or service date of the notice for the application. Your letter will be provided directly to the panel of Commissioners who will be deciding whether the application is approved. The panel will consider your comments in reaching their decision. The panel will only be able to consider comments which relate to issues which are within the authority of the OEB and relevant to the issues being considered by the panel.

More about commenting and privacy

More about commenting and privacy
All letters of comment sent to the OEB are placed on the public record. This means the letters can be seen at our offices and will be placed on our website. Before the letter of comment is placed on the public record, all personal (i.e. not business) contact information is removed, such as the individual's address, fax and phone numbers, and email address. The individual's name and the content of the letter will become part of the public record..

If you would like a response from the applicant, please send a copy of your letter directly to the applicant, including your contact information. The OEB removes your contact information from your letter for privacy reasons before it is posted to our website.Show less

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Get updates about this application:

Or mail the below address with the reference number EB-2022-0137

Ontario Energy Board
P.O. Box 2319
2300 Yonge Street, 27th Floor
Toronto ON M4P 1E4
Attn: Registrar