Definitions for "Ontario Energy Board" Add To Word List
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Keywords: Oeb, Province, Imo, Gas, Oversight
This body licences market participants and regulate rates for transmission and distribution. It also regulates Ontario's natural gas industry.
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A regulatory tribunal that has regulatory oversight of natural gas and electricity matters in the province of Ontario and also provides advice on energy matters referred to it by the Government of Ontario.
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The OEB is the regulator that licenses industry participants, establishes operational codes, regulates the rates for transmission and distribution, approves sales or purchases of regulated utilities and investigates customer complaints, both for electricity and gas.
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Provincial body whose responsibilities include regulating the operations of Ontario's gas distribution utilities.
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The Ontario Energy Board (OEB) is a Crown corporation responsible for regulating natural gas and electricity utilities in the province of Ontario, Canada. This includes setting rates and approving the Independent Electricity Market Operator (IMO)'s budget and fees. The OEB also licenses all participants in the electricity sector as well as natural gas marketers who sell to low volume customers.
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