O. Reg. 285/14: undefined

Link to law: http://www.ontario.ca/laws/regulation/r14285
Published: 2014-12-16

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ontario regulation 285/14

made under the

Electricity Act, 1998

Made: December 10, 2014
Filed: December 16, 2014
Published on e-Laws: December 16, 2014
Printed in The Ontario Gazette: January 3, 2015


Amending O. Reg. 429/04

(ADJUSTMENTS UNDER SECTION 25.33 OF THE ACT)

1. Subsection 1 (1) of Ontario Regulation 429/04 is amended by adding the following definitions:

“OPA” means the Ontario Power Authority within the meaning of Part II of the Act;

“procurement contract” includes, for greater certainty, a procurement contract within the meaning of both subsections 2 (1) and (1.5) of the Act;

2. The formula set out in subsection 1.1 (1) of the Regulation is amended by striking out the definitions of  “A”, “B”, “E”, “F”, “G” and “H” and substituting the following:

  “A” is the total amount payable by the IESO under section 78.1 of the Ontario Energy Board Act, 1998 to generators who are prescribed under that Act for the purposes of that section with respect to output for the previous month from units at generation facilities that are prescribed under that Act for the purposes of that section,

  “B” is the total amount that, but for section 78.1 of the Ontario Energy Board Act, 1998, would be payable by the IESO under the market rules to generators referred to in “A” on behalf of those generators with respect to the output referred to in “A”,

. . . . .

  “E” is the amount payable by the IESO to generators and other persons or entities with respect to output generated by units at generation facilities and ancillary services in respect of which the IESO has entered into procurement contracts under Part II.2 of the

Electricity Act, 1998 for the previous month, less amounts payable by licensed distributors to the IESO for the previous month in respect of procurement contracts referred to in that Part,

“F” is the amount that would be payable to the IESO under the market rules for the previous month with respect to output generated by units at generation facilities and ancillary services in respect of which the IESO has entered into procurement contracts under Part II.2 of the Electricity Act, 1998 and that are generated or provided at generation facilities for which the IESO is the metered market participant,

  “G” is the amount paid or payable by the IESO to persons or entities with whom the IESO has entered into a procurement contract under Part II.2 of the Electricity Act, 1998 for the previous month, and

  “H” is the sum of all amounts approved by the Board under section 78.5 of the Ontario Energy Board Act, 1998 that are payable by the IESO to distributors for the month.

3. Subparagraph 3 i of subsection 6.2 (1) of the Regulation is revoked and the following substituted:

i. the consumer entered into a contract with the OPA or the IESO or with a licensed distributor to participate in an eligible program listed in subsection 6.2 (3) offered by the OPA, the IESO, the licensed distributor or both, and

4. Subparagraph 2 i of subsection 6.3 (1) of the Regulation is revoked and the following substituted:

i. the consumer entered into a contract with the OPA or the IESO or with a licensed distributor to participate in an eligible program listed in subsection 6.2 (3) offered by the OPA, the IESO, the licensed distributor or both, and

5. Subparagraph 3 i of subsection 7.2 (1) of the Regulation is revoked and the following substituted:

i. the market participant entered into a contract with the OPA or the IESO or with a licensed distributor to participate in an eligible program listed in subsection 6.2 (3) offered by the OPA, the IESO, the licensed distributor or both, and

6. Subparagraph 2 i of subsection 7.3 (1) of the Regulation is revoked and the following substituted:

i. the market participant entered into a contract with the OPA or the IESO or with a licensed distributor to participate in an eligible program listed in subsection 6.2 (3) offered by the OPA, the IESO, the licensed distributor or both, and

7. (1) Subsection 20 (1) of the Regulation is amended by striking out “The Financial Corporation, the OPA and” at the beginning and substituting “The Financial Corporation and”.

(2) Subsection 20 (6) of the Regulation is revoked and the following substituted:

(6) Upon request by the Board, the IESO, a licensed distributor, an embedded generator, a retailer or the Financial Corporation shall give the Board such information relating to this Regulation as the Board may require, in the form and within the period specified by the Board.

Commencement

8. This Regulation comes into force on the later of January 1, 2015 and the day it is filed.