Energy+'s application to its regulator, the Ontario Energy Board, to change its distribution rates for 2019-2023 has been approved effective January 1, 2019, with an implementation date of August 1, 2019. 

View the OEB Decision and Rate Order dated August 1, 2019.

The complete Energy+ rate application documents EB-2018-0028 are available on the Ontario Energy Board Portal.

Distribution Rates Are Changing

Energy+ distribution rates are changing and will affect all customer classes - residential, small business, commercial, industrial and institutional. Below are some highlights of what is driving the rate changes.

Investing in the System & Communities

Energy+'s distribution rates are changing to help maintain a safe and reliable distribution system. We heard from customers that we should continue to make prudent investments to keep the public safe, reduce power outages, offset the need for more expensive emergency repairs, modernize our distribution system for the future, and deliver enhanced customer services. 

From 2019 to 2023, Energy+ plans to make approximately $73 million in capital investments, over the 5-year period, throughout the service territory.

Harmonizing Rates 

At the time Cambridge and North Dumfries Hydro purchased Brant County Power, there was a committment to harmonize rates for all customers starting in 2019.  Effective January 1, 2019, rates have been harmonized for all customer classes across Energy+'s service territory.  This means that all Energy+ customers, in the same customer class, will pay the same delivery rates for the same level of electricity distribution service, regardless of where they reside or conduct business.

Rate Riders & Variance Accounts

Rate riders are temporary charges or credits that recover or refund costs for an initiative that is temporary or caused by factors outside the utility's control.  These factors include, but are not limited to, the settlement of cost of power and global adjustment collection variances, and recovery of programs and processes mandated by the regulator or government.  For example Energy+'s rate application was effective January 1, 2019, but was delayed in receiving OEB approval until August 1, 2019.  As a result, the OEB approved a temporary Rate Rider to enable Energy+ to recover retroactive delivery charges. 

New Customer Rates and Charges 

Details on monthly rates and charges for each customer rate class, effective January 1, 2019, implementation August 1, 2019, are available for viewing: