Should Elexicon Energy's 2026 Electricity Rates Be Approved?
Official title: 2026 electricity distribution rates, IRM
Elexicon Energy Inc. is asking the Ontario Energy Board to approve its electricity distribution rates for 2026. This is part of the Incentive Rate-setting Mechanism (IRM), which adjusts rates annually based on inflation and productivity factors. The application covers customers in the Veridian and Whitby Hydro service areas.
Why This Matters
Get your electricity from Elexicon? This decision affects your monthly bill. The company serves parts of Durham Region, Belleville, and surrounding areas. Rate changes approved here show up directly on your hydro statement.
What Could Change
If approved, Elexicon's distribution rates for 2026 will be set based on the IRM formula. This includes adjustments for inflation and any approved capital investments. Your electricity bill's delivery charges would reflect these new rates starting in 2026.
Key Issues
- What should the 2026 distribution rates be for Elexicon customers?
- Should capital investments for infrastructure upgrades be included in rates?
- How should commodity account balances be handled?
How to Participate
- Review the original rate application and the Notice of Application to understand what Elexicon is requesting.
- Browse all case documents including submissions from consumer groups and OEB staff.