Regulation - Other
Proposed Amendment to Ontario Regulation 16/08 under the Ontario Energy Board Act, 1998- “Assessments of Expenses and Expenditures” (In English Only)
Regulation Number(s):
Ontario Regulation 16/08
Instrument Type:
Regulation - Other
Bill or Act:
Ontario Energy Board Act, 2010
Summary of Proposal:
The Ontario Energy Board recovers the majority of its regulatory expenses and expenditures by levying cost assessments on certain prescribed classes that it regulates. Currently under O. Reg. 16/08, electricity retailers and natural gas marketers are not prescribed; the costs associated with regulating the electricity retailer and natural gas marketer sectors are recovered from electricity and gas distributors. The introduction of the Energy Consumer Protection Act, 2010 and its regulations will strengthen the Ontario Energy Board’s oversight over the electricity retailer and natural gas marketer sectors. This will likely increase the costs incurred by the Ontario Energy Board of regulating electricity retailers and natural gas marketers.
The Ministry of Energy is proposing to add to the classes of consumers the OEB can assess. The new classes would consist of electricity retailers and natural gas marketers who are licensed to contract with low-volume consumers. This would allow the OEB to make such electricity retailers and natural gas marketers responsible for the costs the OEB incurs as a result of its oversight of the electricity retailer and gas marketer industries.
The Ministry of Energy is proposing to add to the classes of consumers the OEB can assess. The new classes would consist of electricity retailers and natural gas marketers who are licensed to contract with low-volume consumers. This would allow the OEB to make such electricity retailers and natural gas marketers responsible for the costs the OEB incurs as a result of its oversight of the electricity retailer and gas marketer industries.
Further Information:
Proposed Amendment to Ontario Regulation 16/08
Proposal Number:
10-MEI005
Posting Date:
October 13, 2010
Comments Due Date:
November 26, 2010
Contact Address:
Anne Smith
Ministry of Energy
Communications Branch
900 Bay Street
4th Floor, Hearst Block
Toronto, ON M7A 2E3
Phone: 416-327-7226
Ministry of Energy
Communications Branch
900 Bay Street
4th Floor, Hearst Block
Toronto, ON M7A 2E3
Phone: 416-327-7226