Utility Mergers

OEB Releases Handbook for Electricity Distributor and Transmitter Consolidations

On January 19, 2016, the OEB issued the Handbook for Electricity Distributor and Transmitter Consolidations to provide guidance on applications for approval of electricity utility consolidations by way of mergers, acquisitions, amalgamations and divestitures (MAADs) and subsequent rate applications. In previous posts we have discussed support for the consolidation of electricity utilities in the province […]

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Ontario Legislature Amends the Energy Consumer Protection Act and the OEB Act

On December 1, 2015, the Government passed new legislation that will amend the Energy Consumer Protection Act and the OEB Act. Royal assent was received on December 3, 2015. The amendments will come into force on a date to be named by proclamation from the Lieutenant Governor. When first presented, this legislation had been titled […]

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OEB’s Business Plan Indicates Upcoming Priorities

The Ontario Energy Board (OEB) recently released its 2015-2018 Business Plan. This document provides some indications as to where the OEB plans to focus its attention over the coming years. Among other things, it is clear that the OEB will take steps to encourage utility consolidation and to update rate policies to reward utilities that […]

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Ontario Government Releases Regulations to Support LDC Consolidation

The Ontario Government recently published draft Regulations that are intended to support and encourage the consolidation of LDCs. This is consistent with the recommendations in the Ed Clark Report and the promises made in the Government’s last budget, both of which were discussed in a prior post. The draft Regulations, which are open for comment […]

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Ministry of Energy Introduces Strengthening Consumer Protection and Electricity System Oversight Act

On June 2, 2015, Energy Minister Bob Chiarelli tabled the Strengthening Consumer Protection and Electricity System Oversight Act in the Ontario legislature. The Act proposes legislative changes to boost consumer protection in Ontario’s energy sector, while strengthening the role of the OEB. Minister Chiarelli had previously provided an overview of the proposed changes while speaking at the 14th Ontario Power Summit last month. The tabling of the Act provides a clearer picture of the government’s plan.

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