Activity and Program-based Benchmarking (APB) Initiative
The Ontario Energy Board (OEB) has launched an initiative to develop Activity and Program-based Benchmarking (APB) to encourage continuous improvement by regulated utilities and increase regulatory efficiency.
While the OEB intends to develop APB for all rate-regulated utilities, it is undertaking the initiative in several phases. Phase One focuses on development of APB for electricity distributors. Subsequent phases will address electricity transmitters, gas distributors and Ontario Power Generation. The OEB expects the model for APB developed in Phase One will provide a basis for subsequent phases.