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Regulated Price Plan (RP-2004-0205)

At the request of the Minister of Energy, the Ontario Energy Board developed an electricity price plan that provides stable and predictable electricity pricing, encourages conservation and ensures the price consumers pay for electricity better reflects the price paid to generators. Under the price plan effective November 1, 2006, eligible consumers pay 5.5 cents per kilowatt hour (kWh) up to a certain threshold each month, and 6.4 cents per kWh for electricity used per month over this amount. This amount is reflected on the “Electricity” line on consumers’ bills.

The price threshold – the amount of electricity that is charged at the lower price – changes twice a year for residential consumers. The price threshold will be 600 kWh per month in the summer (May 1st to October 31st) and 1,000 kWh per month in the winter (November 1st to April 30th). Prices will be reviewed more frequently by the Board and may change every six months based on an updated Board forecast and any accumulated differences between the amount that consumers paid for electricity and the amount paid to generators in the previous price-setting period.

 
Learn More
After RPP Prices went into Effect (April 1, 2005)
Development of the Regulated Price Plan
Consumer Information
RPP Variance Settlement Amount
(updated monthly)
Baseline Regulatory Documents for the RPP
Working Group
Ontario Smart Price Pilot
Contact



GENERAL UPDATES

Date

Document

Dec 15-06

The Board released today an updated variance settlement factor that is to be used by electricity distributors to calculate a one-time charge for consumers who choose to stop purchasing electricity through the Regulated Price Plan (RPP). This factor, called the “Final RPP Variance Settlement Factor” is updated on the OEB Web site on or around the 15th of each month.

Nov 27-06

The Board released an updated report entitled Monthly Variance Explanation (May 06 - Oct 06) on the RPP. This report analyzes the factors that have contributed to the difference between the forecast electricity prices that RPP consumers currently pay and the actual cost to supply those consumers.

Nov 15-06

The Board released today an update on the balance in the variance account and the “Final RPP Variance Settlement Factor” that is to be used by electricity distributors to calculate a one-time charge for consumers who choose to stop purchasing electricity through the Regulated Price Plan (RPP). This factor is updated on the OEB Web site on or around the 15th of each month.

Oct 23-06

The Board released an updated report entitled Monthly Variance Explanation (May 06 - Sept 06) on the Regulated Price Plan (RPP) This report analyzes the factors that have contributed to the difference between the forecast electricity prices that RPP consumers currently pay and the actual cost to supply those consumers.

Oct 16-06

The Board released today an update on the balance in the variance account and the “Final RPP Variance Settlement Factor” that is to be used by electricity distributors to calculate a one-time charge for consumers who choose to stop purchasing electricity through the Regulated Price Plan (RPP). This factor is updated on the OEB Web site on or around the 15th of each month.

Oct 11-06

The Board has issued an updated RPP Price Report for the Regulated Price Plan. The RPP Price Report contains the new tiered and time-of-use (or “smart meter) RPP prices that will be effective November 1, 2006 and explains how they were established. There is also a Backgrounder on the RPP price change as well as a link to a News Release and other material explaining the changes in RPP prices. Also below is an Ontario Wholesale Electricity Market Price Forecast which was used an input by the Board in establishing the new RPP prices.

Sep 27-06

The OEB released an updated report entitled Monthly Variance Explanation (May 06 - Aug 06) on the RPP. This report analyzes the factors that have contributed to the difference between the forecast electricity prices that RPP consumers currently pay and the actual cost to supply those consumers.

Sep 15-06

The Board released an updated variance settlement factor that is to be used by electricity distributors to calculate a one-time charge for consumers who choose to stop purchasing electricity through the RPP. This factor, called the “Final RPP Variance Settlement Factor” is updated on the OEB Web site on or around the 15th of each month.

Aug 22-06

The OEB released an updated report on the Regulated Price Plan (RPP) entitled Monthly Variance Explanation (May 06 - July 06). This report is updated each month and analyzes the factors that have contributed to the difference between the forecast electricity prices that RPP consumers currently pay and the actual cost to supply those consumers.

Aug 15-06

The Ontario Energy Board (the Board) released today an updated variance settlement factor that is to be used by electricity distributors to calculate a one-time charge for consumers who choose to stop purchasing electricity through the Regulated Price Plan (RPP). This factor, called the “Final RPP Variance Settlement Factor” is updated on the OEB Web site on or around the 15th of each month.

Aug 14-06

On July 28, 2006, the Board amended the Standard Supply Service Code to allow electricity distributors to implement new pilot projects relating to time-of-use commodity prices. The Board's accompanying July 28th Notice only referenced one written submission. In fact, the Board received eight written submissions in relation to the July 12, 2006 proposed amendments. The Board has therefore issued a further letter which addresses the issues raised in all of the submissions. The amendments to the SSS Code that were made by the Board, and came into effect on, July 28, 2006 remain unchanged.

Submissions received in response to the proposed amendments to the Standard Supply Service Code issued on July 12, 2006.

Aug 1-06

The OEB released an updated report on the Regulated Price Plan (RPP) entitled Monthly Variance Explanation (May 06- June 06). This report is updated each month and analyzes the factors that have contributed to the difference between the forecast electricity prices that RPP consumers currently pay and the actual cost to supply those consumers.

Jul 31-06

The Board has issued an amendment to the SSS Code that would allow electricity distributors to implement new pilot projects relating to time-of-use prices.

The Board has received one comment on the proposed amendments to the Standard Supply Service Code that would allow electricity distributors to implement new pilot projects relating to time-of-use prices that was included in the Notice issued on July 12, 2006.

Jul 17-06

The Board has updated the “final RPP variance settlement factor” for consumers who leave the Regulated Price Plan.

Jul 12-06

The Board has issued for public comment proposed amendments to the Standard Supply Service Code that would allow electricity distributors to implement new pilot projects relating to time-of-use prices. Interested parties are invited to submit written comments by July 21, 2006.

Jun 28-06

The OEB released an updated report on the Regulated Price Plan (RPP) entitled Monthly Variance Explanation (May 06). This report is updated each month and analyzes the factors that have contributed to the difference between the forecast electricity prices that RPP consumers currently pay and the actual cost to supply those consumers.

Jun 16-06

The Board has updated the “final RPP variance settlement factor” for consumers who leave the Regulated Price Plan.

Jun 9-06

The Board has issued an amendment to the SSS Code relating to the application of the final RPP variance settlement amount (the “RPP Settlement amount”) and consumers that move while on a contract with retailer .

May 26-06

The OEB released an updated report on the Regulated Price Plan (RPP) entitled Monthly Variance Explanation (Apr 05 – Apr 06). This report is updated each month and analyzes the factors that have contributed to the difference between the forecast electricity prices that RPP consumers currently pay and the actual cost to supply those consumers.

May 16-06

The Board has updated the “final RPP variance settlement factor” for consumers who leave the Regulated Price Plan.

Apr 21-06

The Board has received comments on the proposed amendment to the Standard Supply Service Code related to the Regulated Price Plan (RPP) that was included in the Notice issued on March 24, 2006.

Apr 12-06

For the Board’s Regulated Price Plan, the Board has issued an updated RPP Price Report, and Ontario Wholesale Electricity Market Price Forecast. The RPP Price Report contains the RPP prices that will be effective May 1, 2006. Also below is a Backgrounder on the RPP as well as a link to a News Release and other material explaining the changes in both RPP prices and distribution rates.

Mar 28-06

The OEB released an updated report on the Regulated Price Plan (RPP) entitled Monthly Variance Explanation (Apr 05 – Feb 06). This report is updated each month and analyzes the factors that have contributed to the difference between the forecast electricity prices that RPP consumers currently pay and the actual cost to supply those consumers. The period from June through October accounts for approximately 95 percent of the current RPP variance.

Mar 24-06

The Board has issued amendments to the Standard Supply Service Code which include extending the period of voluntary time-of-use (TOU) pricing beyond May 1, 2006. The Board has also issued for public comment proposed amendments to the Standard Supply Service Code associated with the application of the final RPP variance settlement amount. Interested parties are invited to submit written comments by April 14, 2006.

Mar 15-06

The Board has updated the “final RPP variance settlement factor” for consumers who leave the Regulated Price Plan.

Mar 14-06

The Board has received comments on proposed amendments to the Standard Supply Service Code related to the Regulated Price Plan (RPP).

Feb 23-06

The OEB released an updated report on the Regulated Price Plan (RPP) entitled Monthly Variance Explanation (Apr 05 – Jan 06). This report is updated each month and analyzes the factors that have contributed to the difference between the forecast electricity prices that RPP consumers currently pay and the actual cost to supply those consumers. The period from June through October accounts for approximately 91 percent of the current RPP variance.

Feb 17-06

The Board issued for public comment proposed amendments to the Standard Supply Service Code which include extending the period of voluntary time-of-use (TOU) pricing beyond May 1, 2006. Interested parties are invited to submit written comments by March 7, 2006.

Feb 15-06

The Board has updated the “final RPP variance settlement factor” for consumers who leave the Regulated Price Plan.

Jan 24-06

The OEB released an updated report on the Regulated Price Plan (RPP) entitled Monthly Variance Explanation (Apr 05 – Dec 05). This report is updated each month and analyzes the factors that have contributed to the difference between the forecast electricity prices that RPP consumers currently pay and the actual cost to supply those consumers.

Jan 16-06

The Board has updated the “final RPP variance settlement factor” for consumers who leave the Regulated Price Plan.

Dec 23-05

The OEB released an updated report on the Regulated Price Plan (RPP) entitled Monthly Variance Explanation (Apr 05 – Nov 05). This report is updated each month and analyzes the factors that have contributed to the difference between the forecast electricity prices that RPP consumers currently pay and the actual cost to supply those consumers.

Dec 7-05

The OEB released a report on the Regulated Price Plan (RPP) entitled Monthly Variance Explanation (Apr 05 – Oct 05). This report will be updated each month and analyzes the factors that have contributed to the difference between the forecast electricity prices that RPP consumers currently pay and the actual cost to supply those consumers.

Nov 2-05

The Board has issued a Notice announcing that May 1, 2006 will be the date on which the new prices for the Regulated Price Plan will go into effect.

Oct 17-05

The Board has updated the “final RPP variance settlement factor” for consumers who leave the Regulated Price Plan.

Sep 16-05

The OEB has developed a series of new factsheets to help consumers – residential consumers, small businesses and others who are considered low volume users of electricity – learn more about their options for buying electricity.

Sep 15-05

The Board has updated the “final RPP variance settlement factor” for consumers who leave the Regulated Price Plan.

Aug 22-05

The Board has revised the RPP Manual to clarify the days that are to be treated as holidays for purposes of time-of-use (smart meter) RPP pricing. A "Holiday Schedule" has also been posted.

July 22-05

In response to public and media inquiries resulting from the unusually high summer temperatures, the Board would like to remind consumers how the price plan works.

Jun 24-05

The Board has established a new Web page outlining the RPP settlement amount and “final RPP variance settlement factor” for consumers who leave the price plan as of July 1, 2005. Visit the RPP Variance Settlement Amount page...

Jun 16-05

The Board has issued amendments to the Standard Supply Service Code that clarify how the final RPP variance settlement amount will be presented on the electricity bills of consumers.

Jun 7-05

The Board has received comments on proposed amendments to the Standard Supply Service Code which address how the final RPP variance settlement amount should be presented on the electricity bills of consumers.

May 18-05

The Board issued for public comment proposed amendments to the Standard Supply Service Code which address how the final RPP variance settlement amount should be presented on the electricity bills of consumers. Interested parties are invited to submit written comments by June 1, 2005.

 

 

CONSUMER INFORMATION

Factsheets
• Understanding Your Electricity Bill
• An Overview of Your Options
• The Regulated Price Plan
• Choosing an Electricity Retailer
Newsletter
• Electricity Prices are Changing May 1, 2006
• Options for Buying Electricity (Fall 2005)
Backgrounder
• How are the prices calculated for the Regulated Price Plan? revised Aug 23, 2006
Frequently Asked Questions
• General RPP FAQs
• RPP Settlement
Time-of-Use (“Smart Meter”) Prices
• RPP Time-of-Use (“Smart Meter”) Prices and Periods Updated
• 2006/07 Holiday Schedule for Smart Meter (Time-of-Use) Prices Updated
• FAQs: Time-of-Use Pricing for Smart Meters (Sep 2006) New
Brochure
• Changes to Electricity Prices for Ontario effective April 1, 2005


CONTACT

For more information, please contact Russell Chute at 416-440-7682 or Chris Cincar at 416-440-7696 or by e-mail RPP@oeb.gov.on.ca.

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This page last updated December 15, 2006 by webmaster@oeb.gov.on.ca.
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