What's new newsletter
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.
Effective immediately, the OEB is extending the current ban on electricity disconnections for non-payment for all residential customers to July 31, 2020. Low-volume, small business customers will now also be protected by the ban. In addition, the OEB is calling on distributors to be more flexible on arrears payment arrangements.
The OEB is extending the filing deadline for annual Reporting and Record-Keeping Requirements (RRR) to June 1, 2020.
OEB COVID-19 UPDATES
The OEB is taking a number of measures in response to the COVID-19 pandemic.
The OEB is temporarily waiving the requirement to submit hard copies with each electronic filing in regulatory proceedings. We ask those who are engaged in active OEB proceedings to continue submitting electronic copies of documents through the online portal, RESS (Regulatory Electronic Submission System), or, if you are unable to use the portal, by email at BoardSec@oeb.ca. This is in effect immediately and until further notice.
The OEB has published the 2020 Quarter 2 prescribed accounting interest rates applicable to the carrying charges of deferral, variance and construction work in progress (CWIP) accounts of natural gas utilities, electricity distributors and other rate-regulated entities.
The OEB has accepted an Assurance of Voluntary Compliance from CP Energy Marketing L.P. The Assurance responds to non-compliance related to operation in the wholesale market without a licence.
The OEB is taking steps to help protect our staff, stakeholders and consumers with regard to COVID-19. The situation is evolving rapidly and we continue to monitor public health authority websites. We are following recommended guidelines and are taking responsible precautions in light of the World Health Organization’s pandemic declaration yesterday. The OEB is continuing the execution of our work and decision-making with operational changes outlined in this letter, effective immediately.
The OEB has issued its final Guidelines for Potential Projects to Expand Access to Natural Gas Distribution. Interested project proponents that wish to file project information for inclusion in the OEB’s report to the Ministry of Energy, Northern Development and Mines must do so by June 3, 2020.
The OEB has accepted an Assurance of Voluntary Compliance from Red Lake Gold Mines. The Assurance responds to non-compliance related to operation in the wholesale market without a licence.