IESO's 2019 Revenue Requirement Submission filed. OEB issues Notice of Hearing.
February 22, 2019
The IESO filed its 2019 Revenue Requirement Submission (RRS) with the Ontario Energy Board (OEB) on January 28, 2019. The submission and other documents which form the record of the OEB’s proceeding are available on the OEB website (Case Number EB-2019-0002).
The IESO’s expenditures, revenue requirements and fees allow it to carry out its broad mandate and deliver on its initiatives. Even as significant investment is required to carry out its initiatives, the IESO intends to hold its revenue requirement for 2019 at 2017 and 2018 approved budget levels. In its application, the IESO is seeking approval of a proposed revenue requirement for 2019 of $190.8 million, a domestic usage fee of $1.227/MWh, and an export usage fee of $1.0125/MWh.
The OEB has issued its Notice of Hearing relating to the IESO’s 2019 RRS. See Dated Notice of Hearing in English and French. More information can be found on the IESO’s 2019 RRS webpage.