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ARTICLE · 12 JANUARY 2016

Ontario Energy Board Approves Electricity Transmitter's Revenue Requirements For Five Years

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In a decision released on December 29, 2015, the Ontario Energy Board approved the revenue requirements of an electricity transmitter, B2M Limited Partnership, for the five years from 2016 to 2020.

CanadaEnergy and Natural Resources
Fred Cass
Fred Cass
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In a decision released on December 29, 2015, the Ontario Energy Board approved the revenue requirements of an electricity transmitter, B2M Limited Partnership, for the five years from 2016 to 2020.

B2M is substantially owned by a subsidiary of Hydro One Inc. and by Saugeen Ojibway Finance Corporation. It was created to acquire a section of an electricity transmission line between the Bruce Nuclear Generation Complex and the Milton Switching Station from Hydro One Networks Inc. B2M has entered into an affiliate services agreement with Hydro One Networks for the operation and maintenance of the line.

The issues considered by the Board in its decision fell into three main areas: the framework of the application, operations and maintenance costs, and the startup costs for the business.

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