Industry

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.

To provide greater customer choice, the OEB is initiating a consultation to discuss how to enable implementation of an Ultra-Low Overnight Time-of-Use Price Plan for electricity consumers on the Regulated Price Plan.

The OEB has launched an enhanced, more user-friendly website for the Innovation Sandbox that improves transparency of the process and support available. Informed by stakeholder feedback, a key new feature is an “as-it-happens” dashboard that provides insights into projects receiving Sandbox support.