IESO and OPA merge
This new organization is responsible for the real-time operation of the Ontario electricity system and market, long-term energy planning, procurement, and the promotion of a conservation culture in the province. Amalgamation will achieve efficiencies going forward by reducing overlap, reducing costs and streamlining electricity sector planning.
"The merger of the two organizations brings together a breadth of expertise and experience in the operation of and planning for the province's power system," said Bruce Campbell, President and CEO of the IESO. "It deepens our role within the energy sector, allowing us to more effectively engage with stakeholders on key issues and develop new and more efficient approaches to meet the needs of all Ontarians."
The IESO is working to ensure the transition is as seamless as possible for customers and stakeholders. The IESO manages the province's power system so that Ontarians receive power when and where they need it. It plans and prepares for future electricity needs, and works with its partners to guide conservation efforts.
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Ontario introduces new 'ultra-low' overnight hydro pricing
TORONTO - The Ontario government is introducing a new “ultra-low overnight” electricity plan that can benefit shift workers and individuals who charge electric vehicles while they sleep.
Speaking at a news conference on Tuesday, Energy Minister Todd Smith said the new plan could save customers up to $90 a year.
“Consumer preferences are still changing and our government realized there was more we could do, especially as the province continues to have an excess supply of clean electricity at night when province-wide electricity demand is lower,” Smith said.
The new rate, which will be available as an opt-in option as of May 1,…
