The Ontario Energy Board (the "Board") today announced that it has adopted new performance standards for processing rate applications. The new standards take effect April 1, 2019 and seek to better reflect the time the Board requires to process an application. The new standards are intended to provide greater certainty and predictability to applicants.
The new performance standards will measure three indicators:
Time elapsed from issuance of completeness letter to the issuance of the first procedural order
Time elapsed from close of the record to the issuance of a Board decision
Total cycle time (from issuance of completeness letter to final decision)