DOWNLOAD: OEB – Everything You Need to Know – Resource Guide for Regulated Entities
This is a fantastic resource for those interested in how the OEB works. The document not only provides the usual top-line who, what, where and when. It also dives into questions like: Why is the energy sector regulated? What is good “economic regulation”? and What are the benefits of regulation to the regulated entities?
Here is a pull-quote from the doc.
- Quick Facts About the OEB
- The OEB is the regulator of Ontario’s natural gas and electricity sectors.
- The OEB envisions a viable and efficient energy sector with informed consumers, served by
responsive regulation that is effective, fair and transparent. - Our key regulatory functions include:
- issuing codes, rules and guidelines for regulated entities to follow in their operations;
- licensing and oversight of market participants including generators, marketers and retailers;
- monitoring and enforcing compliance with regulations;
- approving the natural gas commodity price charged by gas distributors;
- approving and setting delivery rates for natural gas distribution and electricity distribution and transmission;
- approving facilities, including those for natural gas storage and the transmission of electricity;
- setting the price of electricity for certain consumers under the Regulated Price Plan;
- reviewing and setting regulatory policy; and
- approving amalgamations, acquisitions, divestitures and mergers.
- The OEB conducts its regulatory functions through oral and written public hearings, working
groups and written consultations. - The OEB reviews and processes hundreds of applications annually, ranging from routine
licensing requests to complex rate-change applications. - Based in Toronto, the OEB is an independent, self-financing Crown corporation.
DOWNLOAD: OEB – Everything You Need to Know – Resource Guide for Regulated Entities
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