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ARTICLE · 19 JUNE 2020

OEB Receives Comments On Issues Relating To Account For Utilities To Record COVID-19 Impacts

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The OEB has received comments on the Draft Issues List for its consultation on a deferral account for utilities in the electricity and natural gas sectors to record impacts arising from the COVID-19 emergency.

CanadaEnergy and Natural Resources
Fred Cass
Fred Cass
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The OEB has received comments on the Draft Issues List for its consultation on a deferral account for utilities in the electricity and natural gas sectors to record impacts arising from the COVID-19 emergency. The high level of interest in the OEB's consultation is apparent from the number and scope of the comments that were provided on the Draft Issues List. Consistent with the OEB's stated expectation that the utilities and groups representing the same interests make every effort to coordinate their participation in the consultation, some participants worked together to file joint comments. Even so, the OEB received about 20 sets of comments on the Draft Issues List.

By way of background, the OEB issued an accounting order on March 25, 2020 in which it ordered the establishment of an account, together with three sub-accounts, for electricity distributors to track incremental costs and lost revenues related to the COVID-19 emergency ("Account 1509 - Impacts Arising

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