Brantford Power Inc. and Energy + Inc. application for approval to amalgamate and continue operations as a single new local electricity distribution company

Brantford Power Inc.
Energy+ Inc.

Brantford Power Inc. and Energy + Inc. have asked the Ontario Energy Board to approve:

  • Leave for a new holding company (referred to as Amalco Holdco in the application) to acquire control of Brantford Energy Corporation (the parent company of Brantford Power Inc.) and Cambridge and North Dumfries Energy Plus Inc. (the parent company of Energy+ Inc.)
  • The amalgamation of Brantford Power Inc. and Energy + Inc. to form a new electricity distribution company referred to in the application as LDC Amalco
  • The issuance of an electricity distribution licence for LDC Amalco
  • The cancellation of the electricity distribution licences of Brantford Power Inc. and Energy + Inc. when the electricity distribution licence for LDC Amalco is issued
  • The transfer of the current and any future rate orders and rate riders of Brantford Power Inc. and Energy + Inc. to LDC Amalco
  • The continued tracking of costs by LDC Amalco to existing deferral and variance accounts of Brantford Power Inc. and Energy + Inc.
  • A deferral account to track certain grossed-up Payment in Lieu impacts as described in the application and to track any variances in a sub account in Account 1592 - Payment in Lieu and Tax Variances, for the Brantford service area only.

The applicants say that the proposed amalgamation is expected to deliver savings to the customers of both utilities and that the electricity distribution rates of Brantford Power Inc. and Energy + Inc. will remain separate for at least 10 years from the date the transaction is completed. The applicants also say that the costs of the proposed amalgamation will not be funded by ratepayers.

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Submit a letter of comment

You can submit a letter of comment that will be considered by the panel deciding the application. Unless the notice states otherwise, your letter of comment must be received by the OEB no later than 60 days after the publication or service date of the notice for the application. Your letter will be provided directly to the panel of Commissioners who will be deciding whether the application is approved. The panel will consider your comments in reaching their decision. The panel will only be able to consider comments which relate to issues which are within the authority of the OEB and relevant to the issues being considered by the panel.

More about commenting and privacy

More about commenting and privacy
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Get updates about this application:

Or mail the below address with the reference number EB-2021-0280

Ontario Energy Board
P.O. Box 2319
2300 Yonge Street, 27th Floor
Toronto ON M4P 1E4
Attn: Registrar