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"Rate Cap (Board or Council Approved Regulated Rate Tariffs) Regulation "

Rate Cap (Board or Council Approved Regulated Rate Tariffs) Regulation

This Regulation applies to regulated rate providers that are municipalities whose rates are set by their council or rural electrification associations whose rates are set by their board of directors. It establishes a deferral account mechanism to provide payments to those providers of the difference between amounts that would have been charged to their customers using the regulated rate, and the amounts charged using the maximum rate specified in the Act. The Regulation sets out payment details, as well as the responsibilities of the Market Surveillance Administrator in approving deferral account forms and conducting a final review and disposition of the deferral account at the end of the four year period.
 
    Chapter/Regulation: 139/2017
    Status: Current
    Related Act
    Ministry Responsible: Energy
    Item/ISBN#: 9780779798025
    Regulation-Making Authority: Ministerial Order
    Pages 9
    View PDFView PDF
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