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ARTICLE · 06 SEPTEMBER 2017

Selected Ontario Utilities To Test New Electricity Pricing Options

Aird & Berlis LLP
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On August 24, 2017, the Ontario Energy Board (OEB) announced that three Ontario electricity distributors will be implementing new electricity commodity pricing options for consumers who use the "Regulated Price Plan".

CanadaEnergy and Natural Resources
David Stevens
David Stevens
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On August 24, 2017, the Ontario Energy Board (OEB) announced that three Ontario electricity distributors will be implementing new electricity commodity pricing options for consumers who use the "Regulated Price Plan" (RPP). Among other things, the new pricing options will include "enhanced" Time-of-Use (TOU) pricing (where the price differential between TOU periods will be greater), as well as approaches where the cost of electricity will be reduced except for at very high-use times when the price will be much higher (called Critical Peak Price or CPP). The OEB plans to have the selected distributors test the new options with around 18,000 consumers. The OEB will evaluate the overall results of the pilot projects, and may make successful options available to all RPP consumers.

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