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The OEB today announced that electricity prices will go down on July 1.
The OEB has issued its Decision and Order regarding the Rural or Remote Electricity Rate Protection charge and Distribution Rate Protection effective July 1, 2017, and addresses two components of the Fair Hydro Plan.
The OEB has issued a letter outlining the consultation process and timelines for the mid-term review of the 2015-2020 DSM Framework.
The OEB Community Meetings to review Hydro One’s recent request to increase its distribution rates are starting today in Leamington, Ontario. The amounts requested by Hydro One in its application to the OEB relate to its distribution business and do not reflect any credits or other changes resulting from the Fair Hydro Act, 2017. Any amounts approved by OEB will not impact the distribution line for the bill of most Hydro One customers, after the Fair Hydro Act credits and changes are applied.
The OEB 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 RPP.