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Regulated Price Plan (RPP) - (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. Effective May 1, 2009, eligible consumers pay 5.7 cents per kilowatt hour (kWh) up to a certain threshold each month, and 6.6 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 are reviewed 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 period.
As part of the Regulated Price Plan, the Board also sets time-of-use (or "smart meter") prices for eligible consumers of utilities that have opted to provide time-of-use pricing to its customers with smart meters. This only applies to a small group of consumers at this time. The Board also recently implemented a pilot project called the Ontario Smart Price Pilot to test the current time-of-use prices.
Quick Links
- General Updates
- Variance Explanation Reports
- RPP Variance Settlement Amount (updated monthly)
- Baseline Regulatory Documents for the RPP
- Contact
General Updates
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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 May 1, 2009 and explains how they were established. There is also a Backgrounder and a News Release 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. |
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Apr 2-09 |
Ontario Regulation 115/09, filed on March 27, 2009, amends Ontario Regulation 95/05 (Classes of Consumers and Determination of Rates) by:
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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, 2008 and explains how they were established. There is also a Backgrounder and a News Release 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. |
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Apr 11-08 |
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 May 1, 2008 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. |
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Mar 3-08 |
Letter from the Minister regarding changes to RPP eligibility. |
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The Board has amended the RPP Manual to recognize the new statutory holiday called "Family Day" within the context of RPP time-of-use electricity prices for eligible time-of-use (or "smart") meters. A revised "Holiday Schedule" has also been posted. |
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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, 2007 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. |
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Sep 17-07 |
The Board posted Notice that an amendment for the Standard Supply Service Code regarding customer notice for implementing RPP TOU pricing is in force. |
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Jun 27-07 |
The Board posted Notice of amendments to the Standard Supply Service Code to provide utilities with the ability to implement time-of-use (TOU) pricing on either a mandatory or voluntary basis during the transition period. The Board is also posting Notice of one new proposed amendment to the Standard Supply Service Code related to TOU pricing. Comments will be due July 11, 2007. |
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May 14-07 |
The Board released a Notice of Proposed Amendments which included proposed changes to the Standard Supply Service Code to provide utilities with the ability to implement time-of-use (TOU) pricing on either a mandatory or voluntary basis during the transition period. Comments are due by June 1, 2007. |
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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 May 1, 2007 and explains how they were established. Also below is an Ontario Wholesale Electricity Market Price Forecast which was used an input by the Board in establishing the new RPP prices. 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. |
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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. |
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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. |
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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. |
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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. |
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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 . |
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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. |
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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. |
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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. |
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Mar 14-06 |
The Board has received comments on proposed amendments to the Standard Supply Service Code related to the Regulated Price Plan (RPP). |
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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. |
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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. |
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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. |
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| 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. |
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Sep 15-05 |
The Board has updated the “final RPP variance settlement factor” for consumers who leave the Regulated Price Plan. |
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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. |
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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. |
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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. |
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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.
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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. |
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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. |
Variance Explanation Reports
Each quarter, the Board releases a Variance Explanation report on the Regulated Price Plan. 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. The appendix includes monthly values for the various factors dating back to the introduction of the RPP.
Contact
For more information, please contact Chris Cincar at 416-440-7696 or Russell Chute at 416-440-7682 or by e-mail RPP@oeb.gov.on.ca.