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The OEB has accepted an Assurance of Voluntary Compliance from InnPower Corporation following an OEB inspection into the company’s regulatory accounting processes. The inspection found that the company charged rates to its customers that did not comply with an OEB rate order. This reflects the OEB’s commitment to protecting consumers by ensuring that regulated companies fulfil all of their regulatory requirements.
The OEB has issued guidance to electricity distributors regarding the recovery of the Global Adjustment charges that were previously deferred for the months of April, May and June 2020.
The OEB has posted a Directive from the Minister of Energy, Northern Development and Mines regarding a new Chatham to Lakeshore transmission line.
The OEB has set new electricity prices for households and small businesses for January 1 to January 28, 2021. In accordance with regulatory amendments made today, all consumers on the Regulated Price Plan will pay a fixed price of 8.5 ¢/kWh for all the electricity they consume, regardless of the time of day or the total volume consumed.
The OEB has issued guidance to regulated entities on the implementation of the 8.5 ¢/kWh fixed price that will apply to all electricity consumption from January 1 to January 28, 2021 by consumers on the Regulated Price Plan.
The OEB has approved changes to the prices Enbridge and EPCOR will charge its customers for natural gas effective January 1, 2021.
The OEB has posted Price Comparison templates for Natural Gas Contracts for Enbridge and EPCOR valid from January 1 - March 31, 2021.
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 Market Surveillance Panel has submitted to the OEB its Monitoring Report on Ontario's wholesale electricity market.
The OEB has posted Price Comparison templates for Electricity Contracts valid from January 1, 2021 to April 30, 2021.