The Ontario Energy Board allows for three alternative rate-setting methods by electricity distributors: Price Cap Incentive Rate-setting (Price Cap IR), Custom Incentive Rate-setting (Custom IR), and Annual Incentive Rate-setting Index (Annual IR Index). Grimsby Power Inc. uses the Price Cap Incentive Rate-setting method to apply for rate approval. This method allows for rate rebasing every five years. In the rate rebasing year Grimsby Power submits a full Cost of Service application. In between Cost of Service applications Grimsby Power will apply for a mechanistic increase to distribution rates.
Cost of Service Application January 1, 2022
Grimsby Power has submitted a full Cost of Service application to the Ontario Energy Board with proposed rates effective January 1, 2022.
To view the application and excel models that support the application click here to go to the full application posted on the OEB's website.
Grimsby Power is introducing a new customer account portal. The new portal gives customers access to electronic bills and consumption information in one easy to use portal. To gain access to e-billing and the new customer account portal, click the link below and click “Register Now”. ACCESS TO REGISTER AND LOGINREAD ALL ARTICLES
Grimsby Power is introducing a new customer account portal ...Learn More
The Ontario Energy Board (OEB) announced that electricity prices for households and small businesses will not change as ...Learn More
On July 31, 2021, Grimsby Power filed a Cost of Service application with the Ontario Energy Board (OEB) for rates effect ...Learn More
Grimsby Power has been notified that individuals representing themselves as a utility responsible for providing power a ...Learn More
Each year electricity utilities are issued a scorecard that provides certain performance information ...Learn More