OEB Issues 2024 MAADs Handbook

The OEB’s stakeholder consultation to evaluate its policies on utility consolidations concludes today with the issuance of the 2024 Handbook to Electricity Distributor and Transmitter Consolidations: Rate-making Considerations and Filing Requirements for Consolidation Applications (2024 MAADs Handbook).

Informed by feedback received from sector participants, the 2024 Handbook reflects updates on OEB policies and filing requirements applicable to consolidations as well as rate-making considerations, accounting and other matters related to consolidating utilities.

The OEB anticipates that application of the updated policies will create a more predictable regulatory environment for applicants that are considering consolidation, thereby facilitating planning and decision-making. Further, updated requirements pertaining to post-consolidation monitoring and reporting will provide greater transparency during deferred rebasing periods associated with consolidations.

The OEB extends its thanks to all stakeholders who participated in this consultation.