Ontario Energy Board

Ministry

Energy

URL

www.ontarioenergyboard.ca

Address

2300 YONGE STREET, 27TH FLOOR, P.O. BOX 2319
TORONTO
M4P1E4

Phone

(416) 481-1967; 1-877-632-6273

Fax

(416) 440-7656

Background

Ontario Energy Board Act, 1998, S.O. 1998, c. 15, Sched. B, s. 4; O. Reg. 16/08; O. Reg. 328/03; O. Reg. 331/03 (opens a new window)

Function

The Ontario Energy Board (OEB) regulates Ontario's electricity and natural gas sectors to ensure the energy sector is reliable and sustainable, and the public interest is served. This includes setting just and reasonable rates, approving leave to construct applications, and licensing all participants in the electricity sector, as well as natural gas marketers who sell to low volume consumers.

 

Membership

A new governance structure of the OEB came into effect on October 1, 2020. Members of the Ontario Energy Board consist of its Board of Directors, a Chief Executive Officer, and Commissioners, including a Chief Commissioner. During the initial two-year transition period from October 1, 2020 to September 30, 2022, all Members of the Board of Directors, the CEO and Commissioners will be appointed by the Lieutenant Governor in Council (LGIC). After the second anniversary of the new governance structure coming into effect, the appointment of the CEO, Chief Commissioner, and Commissioners shall be made by the OEB’s Board of Directors. The LGIC shall continue to appoint the Board of Directors.

The Board of Directors is composed of at least five and no more than 10 members, including the Chair. However, until the second anniversary of the new governance structure coming into force, the Board of Directors may be comprised of as few as three members.

There will be at least five and no more than 10 Commissioners, including the Chief Commissioner.

Term

The first term of office of a person who is appointed to the Board of Directors shall not exceed two years. A member of the board may be reappointed for one or more terms of up to three years each. The Chair and Vice-Chair hold office for the term specified by the Lieutenant Governor in Council which shall not exceed his or her term as a member of the Board of Directors.

The term of a person appointed or reappointed as the CEO, Commissioner or Chief Commissioner shall end no later than September 30, 2022. After that date, appointment and reappointment will be at the discretion of the Board of Directors.

Meetings

The Board of Directors meets as required, according to OEB’s by-laws.

Remuneration

From October 1, 2020 to September 30, 2022, remuneration of the Board of Directors, Chief Executive Officer, Chief Commissioner and Commissioners is set by LGIC.

Effective October 1, 2022, the Board of Directors are remunerated according to the Agencies and Appointments Directive. The CEO, Chief Commissioner and Commissioners will no longer be appointed by the government. The CEO remuneration must be set by the OEB in accordance with the Broader Public Sector Executive Compensation Act, 2014. Remuneration of the Chief Commissioner and Commissioners is set in accordance with OEB by-laws, approved by the Minister.

 

Appointments & Vacancies