IESO Imposes Sanctions on Hydro Ottawa Limited
October 31, 2024
On October 1, 2024, the IESO entered into a settlement agreement with Hydro Ottawa Limited (“Hydro Ottawa”) in relation to the failure to comply with metering-related obligations pertaining to a facility owned and operated by Hydro Ottawa. The settlement was reached through the Expedited Case Resolution process administered by the IESO’s Market Assessment and Compliance Division. The IESO has issued an order finding Hydro Ottawa in breach of the market rules. As part of the sanctions imposed for the breach, Hydro Ottawa is subject to a $4,500 financial penalty (plus applicable taxes). More details can be found on the IESO website.