In 2017-2018, the OEB issued decisions on major, 5-year rate applications from 9 utilities.
As you can see by the table below, the utilities that applied for rate increases did not receive everything they asked for. In fact, utilities asked for increases to their revenue requirement totalling more than $15 million but the OEB disallowed more than $5.5 million of that, about 37 per cent.
Total applied-for dollar amounts can vary greatly year-to-year depending on the number of major rate applications the OEB receives and the size of the utilities that have applied. For example, in 2016-2017, the OEB disallowed approximately $22.3 million from our review of the major applications submitted by 10 utilities.
Read the decisions for each of the nine utilities that applied last year:
- Atikokan Hydro Inc.
- Centre Wellington Hydro Ltd.
- Cooperative Hydro Embrun Inc.
- Hydro Hawkesbury Inc.
- Hydro One Remote Communities Inc.
- Innpower Corporation
- Rideau St. Lawrence Distribution Inc.
- Thunder Bay Hydro-Electric Distribution Inc.
- Welland Hydro-Electric System Corp.
There were other decisions as well
OEB issued a total of 304 decisions in 2017-2018 after electricity and natural gas utilities and other energy companies applied:
- To change their service territory,
- For a licence to operate;
- To merge or amalgamate,
- To build a new natural gas or electricity transmission line; and,
- For annual inflationary increases to their rates; OEB decreased the rates by 0.2% on an average of 53 utilities.