The Ontario Energy Board initiated a consultation on rate-regulated utility pensions and other post-employment benefits (OPEBs) in the electricity and natural gas sectors. The objectives of the consultation are to develop standard principles to guide the OEB’s review of pension and OPEB costs in the future, to establish specific information requirements for applications that will be incremental to current filing requirements, and to establish appropriate regulatory mechanisms for cost recovery which can be applied consistently across the gas and electricity sectors for rate-regulated entities. In conducting this consultation, the OEB will also take into consideration the Government of Ontario’s ongoing review of pensions and any actions which arise from that initiative that may overlap with the OEB’s consultation.
Reports
Updates
| Date | Issue / Document |
|---|---|
| September 14, 2017 | The OEB has issued a final report on the regulatory treatment of pension and other post-employment benefit (OPEB) costs applicable to rate-regulated Ontario energy utilities. |
| June 22, 2017 | The OEB has received the following submissions from registrants regarding the draft Report of the OEB on the regulatory treatment of pension and other post-employment benefit (OPEB) costs.
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| May 18, 2017 | The OEB has issued a report on the consultation on the regulatory treatment of pension and other post-employment benefit (OPEB) costs. |
| September 26, 2016 | The OEB has received the following submissions from registrants following the stakeholder forum:
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| August 10, 2016 | The OEB has issued a letter that provides guidance with respect to how parties may wish to focus their written submissions scheduled for September 22, 2016. |
| July 18, 2016 | The OEB has posted the presentations for the stakeholder forum. |
| June 23, 2016 | The OEB has issued a letter setting the issues list for the Stakeholder Forum and providing for submissions following the Forum. |
| May 19, 2016 | The OEB has issued a letter announcing a Stakeholder Forum commencing on July 19, 2016. |
| August 4, 2015 | The OEB has received the following submissions from registrants with respect to the initial questions on the principles and cost recovery treatment of pensions and OPEBs costs for rate-regulated utilities.
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| June 10, 2015 | The OEB has issued a letter to all rate-regulated utilities and to all registrants in this consultation on the following matters:
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| June 3, 2015 | The following submissions from parties commenting on the OEB’s initial procedural steps were received. |
| May 14, 2015 | The OEB has issued its letter inviting participation in this consultative process and submissions with respect to an initial set of questions on principles and cost recovery treatment of pension and OPEBs for rate-regulated utilities. |
Cost Award Matters
| Date | Issue / Document |
|---|---|
| June 10, 2015 | The OEB has issued a letter to all rate-regulated utilities and to all registrants in this consultation on the following matters:
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| June 4, 2015 | The OEB has received a letter from Canadian Manufacturers & Exporters requesting late registration and cost eligibility in relation to participation in this initiative. |
| June 3, 2015 | The following requests for cost eligibility were received in relation to participation in this initiative. The OEB received no objections by the May 28, 2015 deadline outlined in its May 14, 2015 initiation letter. |