OEB issues letter to conclude the consultation

Today the OEB issued a letter setting out its approach to standby rates following the feedback received from stakeholders who participated in the January 11, 2024 consultation meeting, and having considered the history and outlook for behind-the-meter services.

The letter summarizes:

• the rationale for the review of the OEB’s standby rates
• the January 11 consultation meeting, and
• the OEB’s determination that based on feed back from the consultation, and on the evolving nature distributed energy resources and other behind-the-meter alternatives, it is not prepared to impose or recommend a default approach to pricing load displacement generation.

Electricity distributors with interim standby rates should inform their standby customers of the intention to apply to make the existing interim standby rates final, and then apply for this at the time of the next rate application.

Electricity distributors who believe a new standby rate design would be appropriate for their customers are invited to apply for one at their next cost of service or custom IR proceeding or earlier if circumstances warrant.

This concludes the consultation on the Policy on Standby Rates.