Electricity Legislation
Electricity Restructuring Act, 2004 (Bill 100)
The Ontario Electricity Restructuring Act, 2004 received Royal Assent on December 9, 2004. The legislation reorganizes Ontario's electricity system to more effectively address the critical need for new supply, increased conservation and price stability for consumers across Ontario.
More information is available in the December 10, 2004 news release.
Click here to read the legislation.
Ontario Energy Board Amendment Act (Electricity Pricing), 2003 (Bill 4)
The Ontario Energy Board Amendment Act (Electricity Pricing), 2003 ensures that low volume and designated consumers pay electricity prices which reflect the true cost of electricity, as a means of furthering fiscal responsibility and encouraging energy conservation.
Under this plan, the first 750 kilowatt-hours consumed by low-volume and designated consumers in any month is priced at 4.7 cents per kilowatt-hour and consumption above that level is priced at 5.5 cents per kilowatt-hour. This pricing plan will stay in place until the independent regulator, the Ontario Energy Board (OEB), develops new mechanisms for setting prices by May 1, 2005.
Click here to read the legislation.
Public Sector Salary Disclosure Amendment Act, 2003 (Bill 15)
The Public Sector Salary Disclosure Act, 1996 is amended to specify that Hydro One Inc., Ontario Power Generation Inc. and their subsidiaries are part of the public sector and to designate them as employers for the purposes of the Act.
Transitional provisions require them to disclose the information required by the Act with respect to the salaries and benefits paid by them in 1999, 2000, 2001, 2002 and 2003. The deadlines for those disclosures are specified.
Click here to read the legislation.
