
Energy Regulatory Update (Q4, 2025)
Happy New Year and welcome to the latest edition of the Shepherd Rubenstein Energy Regulatory Update, our quarterly overview of key developments in the Ontario energy sector. This update highlights the most significant regulatory and policy activity between October and December 2025. If you have not already done so, we invite you to read our special 2025 Year in Review, which examines last year’s important themes and regulatory developments. Ontario Energy Board The OEB issued a number of notable decisions over the last few months, including: The OEB announced that



