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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, 2008, eligible consumers pay 5.0 cents per kilowatt hour (kWh) up to a certain threshold each month, and 5.9 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.
GENERAL UPDATES
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Issue / Document |
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The Board released an updated Monthly Variance Explanation (March '08) report 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. The appendix includes monthly values for the various factors dating back to the introduction of the RPP. |
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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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Feb 25-08 |
The Board released an updated Monthly Variance Explanation (January '08) report 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. The appendix includes monthly values for the various factors dating back to the introduction of the RPP. |
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The Board released an updated Monthly Variance Explanation (December `'07) report 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. The appendix includes monthly values for the various factors dating back to the introduction of the RPP. |
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| Dec 24-07 |
The Board released an updated Monthly Variance Explanation (November '07) report 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. The appendix includes monthly values for the various factors dating back to the introduction of the RPP. |
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The Board today released an updated Monthly Variance Explanation (October '07) report 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. The appendix includes monthly values for the various factors dating back to the introduction of the RPP. |
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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 today released an updated Monthly Variance Explanation (September '07) report 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. The appendix includes monthly values for the various factors dating back to the introduction of the RPP. |
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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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The Board today released an updated Monthly Variance Explanation (August '07) report 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. The appendix includes monthly values for the various factors dating back to the introduction of the RPP. |
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The Board released an updated variance settlement factor that is to be used by electricity distributors to calculate a one-time credit 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 website on or around the 15th of each month.
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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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The Board today released an updated Monthly Variance Explanation (July '07) report 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. The appendix includes monthly values for the various factors dating back to the introduction of the RPP. |
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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 credit 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 website on or around the 15th of each month.
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The Board today released an updated Monthly Variance Explanation (June '07) report 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. The appendix includes monthly values for the various factors dating back to the introduction of the RPP. |
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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 credit 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 website on or around the 15th of each month.
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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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The Board released an updated Monthly Variance Explanation (May `07) report 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. The appendix includes monthly values for the various factors dating back to the introduction of the RPP. |
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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 credit 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 website on or around the 15th of each month.
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The Board released an updated Monthly Variance Explanation (Nov 06 - Apr 07) report 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. |
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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 credit 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 website on or around the 15th of each month.
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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 released an updated Monthly Variance Explanation (Nov 06 - Mar 07) report 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. |
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The Board released an updated variance settlement factor that is to be used by electricity distributors to calculate a one-time credit 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.
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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 released an updated Monthly Variance Explanation (Nov 06 - Feb 07) report 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. |
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The Board released today an updated variance settlement factor that is to be used by electricity distributors to calculate a one-time credit 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.
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The Board released an updated report entitled Monthly Variance Explanation (Nov 06 - Jan 07) 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. |
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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.
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The Board released an updated report entitled Monthly Variance Explanation (Nov 06 - Dec 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. |
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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.
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The Board released an updated report entitled Monthly Variance Explanation (November 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. |
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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.
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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. |
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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.
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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. |
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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.
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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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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. |
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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.
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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. |
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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.
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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 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. |
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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 updated the “final RPP variance settlement factor” for consumers who leave the Regulated Price Plan. |
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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 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. |
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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 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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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. |
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The Board has updated the “final RPP variance settlement factor” for consumers who leave the Regulated Price Plan. |
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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 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. |
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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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The Board has updated the "final RPP variance settlement factor" for consumers who leave the Regulated Price Plan. |
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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 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. |
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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 Board has updated the "final RPP variance settlement factor" for consumers who leave the Regulated Price Plan. |
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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. |
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Jan 16-06 |
The Board has updated the "final RPP variance settlement factor" for consumers who leave the Regulated Price Plan. |
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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. |
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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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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. |
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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. |
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.