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New report says the Ontario Energy Board needs an update

New report says the Ontario Energy Board needs an update
Canada
A government-appointed panel says Ontario’s energy regulator is in need of an overhaul to better respond to customer needs and adapt to technological change.

In a report today to Energy Minister Greg Rickford, the three-person panel recommends giving the Ontario Energy Board more independence by appointing its own board of directors.

The group also suggests the OEB — which sets rules for energy companies and establishes rates that consumers pay — streamline its review of rate change applications.

The panel further recommends the board develop a plan to address the energy sector’s needs as technological change continues.
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