The Market Surveillance Panel has submitted to the OEB its Monitoring Report on Ontario's wholesale electricity market.
The OEB has posted the electricity distributors’ 2021 stretch factor assignments for the 2022 Incentive Rate Mechanism (IRM) rate-setting process. The benchmarking details and assignments are published in the Pacific Economics Group “Empirical Research in Support of Incentive Rate-Setting: 2020 Benchmarking Update" Report to the Ontario Energy Board.
The OEB has released an updated variance settlement factor that is to be used by electricity distributors to calculate a one-time credit or charge for consumers who choose to stop purchasing electricity through the Regulated Price Plan. This factor is called the "Final RPP Variance Settlement Factor" and is updated on the OEB website monthly.
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As Ontario's independent energy regulator, we make decisions and rules to ensure that consumers are treated fairly and that the energy sector is reliable and sustainable. We oversee how energy companies operate to ensure the public interest is served.
Electricity rates & prices
Time-of-use price at 5:40 PM EDT
- Off-peak8.2 ¢/kWh
- Mid-peak11.3 ¢/kWh
- On-peak17.0 ¢/kWh
Natural gas rates & prices
- Union Gas Limited (South)13.2272 ¢/m3
- Enbridge Gas Distribution Inc.10.7151 ¢/m3
- EPCOR Natural Gas Limited Partnership13.3057 ¢/m3
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There are 16 major applications before the Ontario Energy Board right now. Find out if they affect you:Show me all applications before the board
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