Enabling the Implementation of an Ultra-Low Overnight Price Plan
This consultation is a follow-up to the OEB’s work on the Design of an Optional Enhanced Time-of-Use Rate (EB-2022-0074) in which the OEB consulted with stakeholders on a proposed design for an overnight price plan. On March 31, 2022, the OEB delivered a report to the Minister of Energy presenting a recommended design for the price plan. On August 10, 2022, the Ministry of Energy published a regulatory proposal to launch the new price plan on May 1, 2023.
This ULO consultation will include discussions of potential changes to the Standard Supply Service Code (SSSC) to implement the new price plan.
This consultation is a follow-up to the OEB’s work on the Design of an Optional Enhanced Time-of-Use Rate (EB-2022-0074) in which the OEB consulted with stakeholders on a proposed design for an overnight price plan. On March 31, 2022, the OEB delivered a report to the Minister of Energy presenting a recommended design for the price plan. On August 10, 2022, the Ministry of Energy published a regulatory proposal to launch the new price plan on May 1, 2023.
This ULO consultation will include discussions of potential changes to the Standard Supply Service Code (SSSC) to implement the new price plan.
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OEB Issues Final Accounting Guidance Update
Share on Facebook Share on Twitter Share on Linkedin Email this linkThe OEB has issued an update to its Accounting Guidance Related to Commodity Pass-Through Accounts 1588 & 1589 resulting from the implementation of the ultra-low overnight (ULO) regulated price plan option.
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OEB Issues ULO Accounting Guidance Update
Share on Facebook Share on Twitter Share on Linkedin Email this linkThe OEB has issued an update to its Accounting Guidance Related to Commodity Pass-Through Accounts 1588 & 1589 resulting from the implementation of the ultra-low overnight (ULO) regulated price plan option.
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The OEB has posted Price Comparison templates
Share on Facebook Share on Twitter Share on Linkedin Email this linkThe OEB has posted Price Comparison templates for Electricity Contracts and Net Metering valid from May 1, 2023 to October 31, 2023.
Letter announcing the posting of Price Comparison templates.
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OEB Releases RPP Price Report
Share on Facebook Share on Twitter Share on Linkedin Email this linkThe OEB has released an Addendum to the Regulated Price Plan Price Report (November 1, 2022 to October 31, 2023).
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OEB Issues Letter Providing Communication Materials and New Reporting Requirement Related to ULO
Share on Facebook Share on Twitter Share on Linkedin Email this linkThe OEB has issued a letter providing information about communication materials that electricity distributors can use to assist with the implementation of the Ultra-Low Overnight (ULO) Price Plan, as well as introducing a new reporting requirement for distributors related to ULO.
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OEB Requests Stakeholder Feedback on Proposed Changes to Price Comparison Templates and Consumer-Facing Materials for Third-Party Net Metering and Energy Supply Contracts
Share on Facebook Share on Twitter Share on Linkedin Email this linkOEB has issued a letter to stakeholders requesting feedback on proposed revisions to the price comparison templates, disclosure statements and the instructions for completing the price comparisons.
- A.1 Disclosure Statement | Electricity
- A.2.i Residential Price Comparison | Electricity
- A.2.ii Non-Residential Price Comparison | Electricity
- A.3 Price Comparison Instructions | Electricity
- B.1 Disclosure Statement | Net Metering
- B.2.i Residential Price Comparison | Net Metering
- B.2.ii Non-Residential Price Comparison | Net Metering
- B.3 Price Comparison Instructions | Net Metering
- C.1 Disclosure Statement | Dual Fuel
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OEB Issues Accounting Order
Share on Facebook Share on Twitter Share on Linkedin Email this linkThe OEB has issued an Accounting Order for the establishment of a deferral account to record impacts arising from implementing the Ultra-Low Overnight Option.
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RPP graphic survey now closed
Share on Facebook Share on Twitter Share on Linkedin Email this linkThe OEB thanks all those who participated in the survey for their input. The RPP graphic survey is now closed. The feedback will be considered as the OEB finalizes the updated RPP graphics illustrating the TOU, Tiered and ULO price plans.
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RPP graphics survey now open
Share on Facebook Share on Twitter Share on Linkedin Email this linkThe OEB has developed new graphics to illustrate the new Ultra-Low Overnight price plan to be launched later this year, as well as the Time-of-Use and Tiered price plans. The OEB welcomes feedback through a survey on the proposed new designs, with the goal of ensuring customers have access to simple, clear information when assessing their choice of price plans.
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OEB Issues Final Notice of Amendments to the Standard Supply Service Code (SSSC) and Regulated Price Plan (RPP) Manual
Share on Facebook Share on Twitter Share on Linkedin Email this linkThe OEB has issued the final Notice of Amendments to the Standard Supply Service Code and Regulated Price Plan (RPP) Manual to enable electricity consumers on the RPP the option to enrol in the Ultra-Low Overnight Price Plan, starting May 1, 2023.
Project Life Cycle
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Stakeholder Consultation Meeting
Enabling the Implementation of an Ultra-Low Overnight Price Plan has finished this stageSeptember 13, 2022
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Notice of proposed amendments to the Standard Supply Service Code
Enabling the Implementation of an Ultra-Low Overnight Price Plan has finished this stageFall 2022
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Finalize amendments to Standard Supply Service Code
Enabling the Implementation of an Ultra-Low Overnight Price Plan has finished this stageEnd of December 2022
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Development of communications materials
Enabling the Implementation of an Ultra-Low Overnight Price Plan has finished this stageWinter 2022-23/Spring 2023
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Distributors begin to offer ULO price plan to consumers
Enabling the Implementation of an Ultra-Low Overnight Price Plan is currently at this stageMay - November 2023
Important Links
Cost Award Matters
We're Listening
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Email Justin.Malecki@oeb.ca -
Email Shona.Adamson@oeb.ca