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Posted in: Utility Mergers | Ratemaking | Practice & Procedure | Ontario

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OEB Allows Review Motions in Hydro One/Orillia Power Proceeding By Fred D. Cass Jan 10, 2018 In August 2017, we wrote about a Procedural Order issued by the Ontario Energy Board in which the OEB adjourned the hearing of an application (“MAADs” application) by Hydro One Inc. for approval to acquire Orillia Power Distribution Corporation until a decision on Hydro One’s distribution rate...

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OEB Adjourns Consideration of Application for Approval to Purchase Orillia Power By Fred D. Cass Aug 02, 2017 On October 11, 2016, Hydro One applied to the Ontario Energy Board for approval to purchase all of the shares of an electricity distributor, Orillia Power Distribution Corporation. In its application (under OEB docket number EB-2016-0276), Hydro One proposed a 1% rate reductio...

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OEB Grants Approval for Creation of Ontario's Second-Largest Electricity Distributor By Fred D. Cass Dec 09, 2016 The Ontario Energy Board has issued a decision approving an application by Enersource Hydro Mississauga Inc., Horizon Utilities Corporation and PowerStream Inc. for approval to merge, and for the merged entity, "LDC Co," to purchase and merge with Hydro One Brampton Networ...

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Hydro One Inc.'s MAADs Application Re Acquisition of Great Lakes Power Transmission By Dennis M. O'Leary Oct 25, 2016 The Ontario Energy Board issued its decision in respect of the MAADs (Mergers, Acquisitions, Amalgamations and Divestitures) Application by Hydro One ("HONI") on October 13, 2016. Briefly, HONI was seeking approval for the purchase of the voting shares of Great Lakes Power ...

Posted in: Energy Policy | Utility Mergers

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First Nations and Ontario Strike Agreement-in-Principle for Sale of Hydro One Shares Jul 25, 2016 On July 12th, the Province of Ontario and First Nations, represented by the Chiefs-in-Assembly, announced an agreement-in-principle for Ontario to sell up to 15 million shares of Hydro One Limited to First Nation communities in the province. The Liberal government in Onta...

Posted in: Ontario | Utility Mergers

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Merger of Golden Horseshoe Utilities Closer to Completion By David Stevens Mar 28, 2016 The long-awaited merger of four Golden Horseshoe electricity distributors is nearing completion.As we have previously discussed, in April 2015, the Minister of Energy announced the merger of a group of Ontario electricity distributors: PowerStream Inc., Enersource Hydro Mississauga Inc., Horizon ...

Posted in: Utility Mergers

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Will Toronto Hydro be "Ubered"? Disruptive Technologies and Electric Utilities By Ron W. Clark Feb 01, 2016 Recently, reports of behind-the-scenes consideration of the sale of a minority stake in city-owned Toronto Hydro have surfaced. Some (including Mayor Tory himself) have criticized any such potential deal as a "fire sale." Others cite the need for new sources of revenue to fund n...

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OEB Releases Handbook for Electricity Distributor and Transmitter Consolidations Jan 25, 2016 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 subseq...

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Ontario Legislature Amends the Energy Consumer Protection Act and the OEB Act By David Stevens Dec 04, 2015 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.Whe...

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OEB's Business Plan Indicates Upcoming Priorities By David Stevens Dec 01, 2015 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 upda...

Posted in: Energy Policy | Ontario | Utility Mergers

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Ontario Government Releases Regulations to Support LDC Consolidation By David Stevens Sep 28, 2015 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 pri...

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Ministry of Energy Introduces Strengthening Consumer Protection and Electricity System Oversight Act Jun 05, 2015 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 ...

Posted in: Energy Policy | Ontario | Utility Mergers

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LDC Consolidation and the 2015 Ontario Budget: Opening the Door to the Private Sector Apr 29, 2015 On April 23, 2015, the Ontario Finance Minister released the 2015 provincial budget ("Budget 2015"). Often a non-event from the perspective of Ontario's local electricity distribution companies (LDCs), this year there is much to consider.To read the full Energy Bulletin, ...

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Ontario Energy Board March Report By Fred D. Cass Apr 11, 2015 On March 26, 2015, the Ontario Energy Board released a report on changes to its rate-making policies that it will adopt in order to support consolidation of Ontario's electricity distributors. The Board's report followed a consultation process to consider changes to regulatory requirements that m...

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