IESO 2016 Usage Fee Approved by OEB
January 12, 2017
The Ontario Energy Board (OEB) issued a decision and order on December 29, 2016 approving the IESO’s revised fee application. Effective January 1, 2017, there are two separate usage fees for the IESO, a fee of $1.1636/MWh to domestic customers and another fee of $0.9603/MWh to export customers.
The usage fee of $1.1636/MWh to domestic customers will be applied to each market participant’s allocated quantity of energy withdrawn (AQEW) from the IESO-controlled grid plus the embedded generation volumes reported by each LDC to the IESO on a monthly basis.
The usage fee of $0.9603/MWh to export customers will be applied to each market participant’s scheduled quantity of energy withdrawn (SQEW).
Both usage fees outlined above will now be settled under charge type 9990 “IESO Administration Charge” and charge type 754 “OPA Administration Charge” will no longer be utilized effective January 1, 2017.
More details can be found on the OEB’s website in the Decision and Order (EB-2015-0275) document.