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.

The OEB has updated Chapter 3 of the Filing Requirements for 2025 rate applications, adding references to Non-Wires Solutions Guidelines in the sections relating to the Lost Revenue Adjustment Mechanism Variance Account and the Incremental Capital Module.

The OEB has released its Innovation Sandbox Annual Report, reflecting major developments from last year including the launch of the Innovation Sandbox Challenge and the issuance of the OEB's Innovation Handbook. The OEB is also holding a webinar next month to provide stakeholders an overview of the report and offer an opportunity to address any questions related to it.

The OEB has published the 2024 Quarter 3 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 issued a draft 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).

The OEB has issued materials in support of a proposed electricity delivery rate for public electric vehicle (EV) charging stations that have a low load factor. The proposal, which aims to further facilitate the integration of EV charging stations with the electricity system, will be discussed further at a stakeholder meeting on June 13, 2024.

The OEB has posted the updated electricity supply mix data information for 2023. As per Ontario Regulation 416/99 made under the OEB Act, and the OEB’s Directive, this information is required to be disclosed to Ontario consumers.

The OEB has issued the final Phase One Benefit-Cost Analysis (BCA) Framework for Addressing Electricity System Needs, integrating stakeholder feedback from the draft Phase One BCA Framework. This Framework will advance guidance, methodologies, and tools to assist electricity distributors in identifying the full distribution-level impacts of non-wires solutions.

The OEB has published three new Interactive Dashboards, in addition to the Interactive System Reliability Dashboard initially introduced in 2023. These dashboards provide visually accessible information using Reporting and Record keeping Requirement (RRR) data, showcasing industry insights and the OEB's dedication to fostering innovation and enhancing energy sector performance. They offer stakeholders a comprehensive view of industry trends, distributor performance, customizable data visualization, and a convenient performance comparison tool.

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.