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Fair Adjustment Under Part II of the Act (O. Reg. 195/17).

Country/Territory
Canada
Territorial subdivision
Ontario
Document type
Regulation
Date
2017
Source
FAO, FAOLEX
Subject
Energy, Water
Keyword
Hydropower generation Water abstraction
Geographical area
Americas, Arctic, Asia and the Pacific, East Pacific, North America, North Atlantic
Abstract

The present Regulation is made under the Ontario Fair Hydro Plan Act. In particular, the Regulation sets out the manner by which the OEB will calculate new rates that will result in a 25% reduction to regulated rate customers’ bills, as compared to their previous bills. The new rates will be effective on July 1, 2017. The new rates will be predicated on a set of stated assumptions (including that the customer uses 750kWh per month, is a residential customer of Toronto Hydro and consumes 65% of electricity during off-peak periods). The Regulation also indicates that for next year the OEB will set new electricity rates to be effective May 1, 2018 that will result in an electricity bill increase equal to the rate of inflation. The text consists of 8 sections.

Full text
English
Website
www.gov.on.ca

References - Legislation

Implements

Ontario Fair Hydro Plan Act, 2017 (S.O. 2017, c. 16, Sch. 1).

Legislation | Canada | 2017

Keyword: Hydropower generation, Renewable energy, Energy conservation/energy production, Consumer protection, Water charges, Sustainable development

Source: FAO, FAOLEX