What's new newsletter

The OEB has launched an initiative to provide greater clarity to the sector on incentive mechanisms to encourage the use of distributed energy resources (DERs) as non-wires solutions. Through proposed amendments to the Distribution System Code, the OEB is establishing a default value, eligibility criteria and other requirements for electricity distributors applying for a margin on payments incentive to use third-party DERs to meet an electricity distribution system need. The OEB invites stakeholders to provide feedback on its Notice of Proposal to amend the Distribution System Code by June 9, 2025.  

The OEB has 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 Regulated Price Plan. This factor is called the "Final RPP Variance Settlement Factor" and is updated on the OEB website monthly.

The OEB has released a Discussion Paper presenting draft performance incentive mechanisms for electricity distributors as part of its consultation to advance its performance-based approach to rate regulation. The OEB is hosting a stakeholder meeting on June 3, 2025, to seek feedback on the paper.

The Ontario Energy Board welcomes two new members to our Board of Directors. David Butters and Frederic A. Waks join our existing Board members in strengthening trust within the sector through strong leadership and good governance.

The OEB has issued instructions for the Deferral and Variance Accounts Continuity Schedule and Commodity Accounts Analysis Workform issued February 5, 2025. Also issued today was a corrected version of the Chapter 2 Filing Requirements for 2026 rates (originally issued December 9, 2024).

The OEB has issued a letter proposing to implement a requirement for utilities to report cyber security incidents to the IESO, which will then report the most impactive incidents to the OEB. The IESO will use the reported information to distribute de-identified situational awareness alerts to the industry. OEB staff looks forward to the opportunity to present this initiative and engage with industry participants at an upcoming CSAC meeting. All licensed electricity transmitters and distributors are encouraged to participate.

The OEB has updated Realizing Ontario’s Energy Advantage, our digital timeline that showcases notable business activities, achievements and milestones that support our strategic goals, business objectives and deliverables associated with Ministerial Letters of Direction. See what we’ve been up to!

Today, the Ontario Energy Board announced that Chief Operating Officer (COO) Harneet Panesar will leave the organization to join the global firm Hatch. Registrar Nancy Marconi has been appointed Acting COO.

The OEB has posted Price Comparison templates for Natural Gas Contracts for Utilities Kingston valid from May 1, 2025 - July 31, 2025.

The OEB has issued a finalized update to its Accounting Guidance Related to Commodity Pass-Through Accounts 1588 & 1589, resulting from the Independent Electricity System Operator’s (IESO) Market Renewal Program (MRP).