2022 Rate Application
On August 18, 2021, InnPower Corporation filed an Incentive Rate Mechanism (IRM) Application for distribution rates with the Ontario Energy Board (OEB).
Distribution rates pay for the costs for InnPower to deliver electricity from generating stations across the Province to InnPower Corporation and then to your home or business. This includes the cost to build and maintain the transmission/distribution lines, towers/poles and to operate provincial and local electricity systems.
Investments in the distribution system are necessary to keep the public safe, reduce power outages and offset the need for expensive emergency repairs. Making investments in the system today will help protect the public, maintain reliability and help offset costly repair, maintenance and emergency work in the future. Each dollar will be invested in a way that benefits our customers and community the most.
All information filed with the Ontario Energy Board can be found following the link InnPower Rate Application
A PDF of the application can be downloaded using the following link InnPower 2022 Rate Application
If you do not have the means to download, please contact our Customer Service department at 705-431-4321 to request a copy.
On December 9th, 2021, the Ontario Energy Board approved InnPower's 2022 Rate Application, effective January 1, 2022.
Bill impacts to the various customer classes can be seen in the table below:
Column A represents InnPower’s distribution rates for each class of service, which are established by revenue requirements in the rate-setting process.
Column B represents the net of column A plus pass through electricity market costs which are cost variances payable/recoverable to/from the Province of Ontario and Hydro One.
Column C represents the net of column A and column B plus pass through transmission cost variances payable/recoverable to/from Hydro One.