Performance assessment

The Ontario Energy Board assesses performance of regulated entities. This includes assessment of utility performance scorecard data and analysis of performance trends to assist the OEB’s decision makers.

The OEB uses financial and non-financial information filed by regulated entities through the e-Filing Services. We assess the performance of regulated entities including utility performance scorecard data and analysis of performance trends of information filed with the OEB’s Reporting & Record-keeping Requirements (RRR) to assist the OEB’s decision makers.

One of the OEB’s legislative objectives under the Ontario Energy Board Act, 1998 is to facilitate the maintenance of a financially viable gas and electricity industries. We monitor the financial viability of the electricity and gas sectors in Ontario. This is done by analyzing, assessing and interpreting both financial and other performance information provided to the OEB. Information is provided by a number of sources including: regulated entities, consumers and stakeholders.

Distributor Scorecard

The electricity distributor scorecards measure how well Ontario's electricity distributors are performing each year. It is designed to encourage electricity distributors to operate effectively, continually seek ways to improve productivity and focus on improvements that their customers value.

 

Public Safety Measure - updates

Date

Issue/document

Nov 25 - 15

The OEB has issued a letter regarding Public Awareness of Electrical Safety Measure.

Aug 4 - 15

The OEB is publishing the results of the electricity distributors’ 2010-2014 public safety measure (Components B and C of the public safety scorecard measure) received from the Electrical Safety Authority (ESA). A 'Public Safety Scorecard Metrics Guide' is also published which provides additional detail.

May 13-15

The OEB has issued a letter regarding the implementation of a public safety measure for the 2014 Scorecard. The OEB is amending section 2.1.19 (d) of the Electricity Reporting & Record Keeping Requirements (RRR) to include the definitions for the public safety measure and performance targets.

Total cost benchmarking – updates

Date

Issue/document

Aug 27-21

The OEB has posted the electricity distributors’ 2021 stretch factor assignments for the 2022 Incentive Rate Mechanism (IRM) rate-setting process. The benchmarking details and assignments are published in the Pacific Economics Group “Empirical Research in Support of Incentive Rate-Setting: 2020 Benchmarking Update" Report to the Ontario Energy Board.

Aug 31-20

The OEB has posted the electricity distributors’ 2020 stretch factor assignments for the 2021 Incentive Rate Mechanism (IRM) rate-setting process. The benchmarking details and assignments are published in the Pacific Economics Group “Empirical Research in Support of Incentive Rate-Setting: 2019 Benchmarking Update" Report to the Ontario Energy Board.

Aug 15-19

The OEB has posted the electricity distributors’ 2019 stretch factor assignments for the 2020 Incentive Rate Mechanism (IRM) rate-setting process published in the Pacific Economics Group (PEG) “Empirical Research in Support of Incentive Rate-Setting: 2018 Benchmarking Update” Report to the Ontario Energy Board.

Aug 23-18

The OEB has posted the electricity distributors’ 2018 stretch factor assignments for the 2019 Incentive Rate Mechanism (IRM) rate-setting process published in the Pacific Economics Group (PEG) “Empirical Research in Support of Incentive Rate-Setting: 2017 Benchmarking Update” Report to the Ontario Energy Board.

Aug 17-17

The OEB has posted the electricity distributors’ 2017 stretch factor assignments for the 2018 Incentive Rate Mechanism published in the Pacific Economics Group (PEG) “Empirical Research in Support of Incentive Rate-Setting: 2016 Benchmarking Update” Report to the Ontario Energy Board.

Aug 4-16

The OEB has posted the PEG Report to the Ontario Energy Board "Empirical Research in Support of Incentive Rate-Setting: 2015 Benchmarking Update" for the electricity distributors’ 2016 stretch factor assignments in rates.

Jul 30-15

The OEB has posted the PEG Report to the Ontario Energy Board "Empirical Research in Support of Incentive Rate-Setting: 2014 Benchmarking Update”.

May 22-15

The OEB has posted the Benchmarking Training Presentation prepared by Pacific Economics Group for the training session on May 25 in relation to the enhanced benchmarking Spreadsheet Model and User’s Guide for electricity distributors issued by the OEB on May 7.

May 7-15

The OEB has published an enhanced benchmarking Spreadsheet Model and a User’s Guide for electricity distributors in relation to the implementation of improvement initiatives for the 2014 Electricity Distributor Scorecard.

Aug 27 - 14

The electricity distributors’ final 2013 scorecards are now accessible for review and sign off in e-Filing Services of the OEB website. In addition, Board staff has prepared relevant questions and answers to assist distributors with their review and sign off of the scorecard.

Aug 14 - 14

The OEB has posted the PEG Report to the Board "Empirical Research in Support of Incentive Rate-Setting: 2013 Benchmarking Update”.

Billing accuracy – updates

Date

Issue/document

Jul 17 - 14

The OEB has issued a billing accuracy scorecard measure for all licensed electricity distributors, as well as a performance target for the new measure to be effective on October 1, 2014.

Webinars

RRR Filing Guide Webinar (March 24, 2016)

2014 Scorecard Implementation (June 1, 2015)

Development and Implementation of the Scorecard Billing Accuracy Measure for Electricity Distributors (August 8, 2014)

Annual Scorecard Implementation Schedule: A Regulatory Calendar for Scorecard (August 8, 2014)

A Sector Review of Deferral and Variance Accounts for Electricity Distributors (February 26, 2014)

Modified International Financial Reporting Standards (MIFRS) (July 19, 2012)

Electricity Service Quality Requirements (December 9, 2010)

Smart Meters Audit Review (March 25, 2010)

Account 1588 RSVAPower and Account 1588 RSVAPower Sub-account Global Adjustment (September 28, 2009)