The Ontario Energy Board revised the Regulated Price Plan Manual (“RPP Manual”) to change the manner in which the variance settlement amount that consumers pay, or receive, when they exit the Regulated Price Plan (“RPP”) is calculated.
|Date||Issue / Document|
|November 5, 2013||
The Board has approved revisions to the RPP Manual to come into effect on January 1, 2014. These revisions change the way that the Final Variance Settlement Amount (“FVSA”) is calculated for consumers that leave the regulated price plan (“RPP”), and apply to consumers that depart the RPP on and after January 1, 2014. The FVSA for a consumer that leaves the RPP before January 1, 2014 is to be calculated in accordance with the August 22, 2011 version of the Manual.
|August 21, 2013||
the Board has received the following comments on the proposed revisions.
|August 2, 2013||
The Board has posted a letter to electricity distributors, electricity retailers, the Independent Electricity System Operator, Ontario Power Authority and all other interested parties inviting comments on proposed revisions to the Regulated Price Plan Manual. The proposed revisions change the calculation of final variance settlement amounts for some consumers when they leave the Regulated Price Plan.