Lakeland Power 2026 Electricity Rate Adjustment (EB-2025-0024)

Official title: 2026 electricity distribution rates, IRM

open Regulations & Permits Finance & Consumer
Lakeland Power Distribution is asking the Ontario Energy Board to approve its 2026 electricity rates. This is a routine annual adjustment under the Incentive Rate-Making framework. If you're a Lakeland Power customer, your rates could change.

Why This Matters

Get your electricity from Lakeland Power? This decision sets what you'll pay in 2026. Rate cases like this determine the delivery charges on your bill—the part that isn't the actual electricity cost.

What Could Change

The OEB will approve, modify, or deny Lakeland Power's proposed 2026 rates. If approved, delivery charges on customer bills would adjust accordingly. The company has also filed a Z-factor claim related to ice storm costs, which could affect rates.

Key Issues

  • Should Lakeland Power's proposed 2026 distribution rates be approved?
  • Should ice storm recovery costs be passed on to ratepayers through a Z-factor adjustment?

How to Participate

  1. Review the 2026 IRM Application and Notice to understand what Lakeland Power is requesting.
  2. Check the Letter of Direction for deadlines and instructions on how to participate in this proceeding.