Regulatory Amendments Promoting Corporate Power Purchase Agreements Take Effect

Introduction

The Ontario government has adopted regulatory amendments¹ (the "Amendments") to facilitate access to renewable energy resources for larger electricity customers. The measures are intended to provide businesses with more choice in how they pursue their environmental and sustainability goals, while also promoting development of and competition in non-emitting resources.

The Amendmentscame into effect on July 1, 2025, in the form of changes to Ontario Regulation 429/04 under the Electricity Act, 1998,and relate to the treatment of corporate power purchase agreements ("C-PPAs"), particularly in terms of how large customers can lower Global Adjustment ("GA") charges on electricity bills.