What's new newsletter

The OEB has released a Discussion Paper presenting draft performance incentive mechanisms for electricity distributors as part of its consultation to advance its performance-based approach to rate regulation. The OEB is hosting a stakeholder meeting on June 3, 2025, to seek feedback on the paper.

The Ontario Energy Board welcomes two new members to our Board of Directors. David Butters and Frederic A. Waks join our existing Board members in strengthening trust within the sector through strong leadership and good governance.

The OEB has issued instructions for the Deferral and Variance Accounts Continuity Schedule and Commodity Accounts Analysis Workform issued February 5, 2025. Also issued today was a corrected version of the Chapter 2 Filing Requirements for 2026 rates (originally issued December 9, 2024).

The OEB has issued a letter proposing to implement a requirement for utilities to report cyber security incidents to the IESO, which will then report the most impactive incidents to the OEB. The IESO will use the reported information to distribute de-identified situational awareness alerts to the industry. OEB staff looks forward to the opportunity to present this initiative and engage with industry participants at an upcoming CSAC meeting. All licensed electricity transmitters and distributors are encouraged to participate.

The OEB has updated Realizing Ontario’s Energy Advantage, our digital timeline that showcases notable business activities, achievements and milestones that support our strategic goals, business objectives and deliverables associated with Ministerial Letters of Direction. See what we’ve been up to!

Today, the Ontario Energy Board announced that Chief Operating Officer (COO) Harneet Panesar will leave the organization to join the global firm Hatch. Registrar Nancy Marconi has been appointed Acting COO.

The OEB has posted Price Comparison templates for Natural Gas Contracts for Utilities Kingston valid from May 1, 2025 - July 31, 2025.

The OEB has issued a finalized 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 a letter regarding the implementation of two initiatives identified in its 10-point Action Plan, part of its September 2024 Report Back to the Minister on Intervenors and Regulatory Efficiency.

The OEB has issued a Staff Report as the next step in the consultation to review and update its Incremental Capital Module (ICM) policy. Stakeholders are invited to provide feedback by May 22, 2025.