Ontario Energy Board awards US$1 million and costs to Sifto Canada on rate re-hearing

On April 20, 2006, the Ontario Energy Board ("OEB") awarded over $1 million plus legal costs to Sifto Canada Corp. after rehearing a 2001 rate application. As a result of this decision, Ontario energy utilities may wish to consider altering their approach to rate applications in the following manner: notifying large energy customers of rate applications directly, rather than relying on customers to take note of the legislatively required newspaper notice utilities must ensure that rate applications before the OEB are updated as information material to a completed rate application comes to utility's attention Sifto was successfully represented by Neal J. Smitheman and Jennifer L. Egsgard of Fasken Martineau's Toronto litigation department. To read the decision in full click HERE. To read our analysis of the decision click HERE. [Link to Energy Law Bulletin June 2006]