Ontario Electricity Regulation Crisis Report – Part 51: OEB Needs New Rules for Conflict of Interest

My thesis at the outset of this series, has been that Toronto Hydro — a poorly performing, high cost utility — is controlled by a CEO seeking to exploit leadership weakness at the Ontario Energy Board in an effort to move the utility toward becoming a deregulated monopoly. Developments at an Ontario Energy Association breakfast …

Continue reading ‘Ontario Electricity Regulation Crisis Report – Part 51: OEB Needs New Rules for Conflict of Interest’ »

Ontario Electricity Regulation Crisis Report – Part 49: Utility/Regulator Rotating Door

Last week, Toronto Hydro issued an internal memo to employees announcing the appointment of long-time Ontario Energy Board member Paul Sommerville as the utility’s new Vice President, Regulatory Affairs and General Counsel effective September 10, 2012. This latest appointment reflects a continuation of the rotating door trend initiated by the appointment of Rosemarie Leclair who …

Continue reading ‘Ontario Electricity Regulation Crisis Report – Part 49: Utility/Regulator Rotating Door’ »

Ontario Electricity Regulation Crisis Report ““ Part 43: Ontario Needs Full-Time Energy Regulators

The Ontario Energy Board has a number of appointments to the Board coming up. It is critically important to the long-term interests of both energy consumers and regulated energy companies that the Ontario government fill the position of the second Vice Chair, a position that the government has negligently left vacant for almost 18 months. The …

Continue reading ‘Ontario Electricity Regulation Crisis Report ““ Part 43: Ontario Needs Full-Time Energy Regulators’ »