Ontario energy company to issue more than $2.6M in customer credits after billing error

An Ontario energy company that was overcharging customers until earlier this year will provide one-time credits totalling more than $2.6 million, the Ontario Energy Board (OEB) has confirmed.
In a statement issued Tuesday evening, the OEB said it had accepted an Assurance of Voluntary Compliance (AVC) from Elexicon Energy Inc., which serves approximately 173,000 customers in the Durham region area. An AVC is a binding written commitment to correct violations identified by a regulatory body.
“Under the terms of this AVC, Elexicon acknowledges that a billing system error resulted in customers across all rate classes being charged more than certain OEB-approved charges,” the statement said. The error was resolved in May, the board said.
Elexicon must pay a fine of $7,500 and provide credits totalling $2,658,000, the board said. To customers in its Veridian Rate Zone, the company must provide credit equivalent to four years of overcharges. Customers in its Whitby Rate Zone will receive credits for 15 months worth of overcharges.
The refunds will be issued through a one-time credit which will appear on customers’ bills within 90 days, it said.
The board says the error was discovered when it became aware of “a billing issue relating to the proration of certain charges” earlier this year. At that time, it requested all electricity distributors review their billing systems.
“Elexicon reviewed its billing system and reported that it had been incorrectly prorating its fixed monthly charges and as a result overcharged its customers,” the statement said.
“All licensed electricity distributors must be rigorous in applying OEB-approved rates and calculating accurate billing amounts for their customers,” Brian Hewson, vice-president of consumer protection at the OEB, said in the statement.
“Billing accuracy is foundational to customer trust and the OEB is assured that Elexicon has fixed this billing issue.”
CTVNews.ca Top Stories
EXCLUSIVE | Gay man taking Canadian government to court, says sperm donation restrictions make him feel like a 'second-class citizen'
A gay man is taking the federal government to court, challenging the constitutionality of a policy restricting sexually active gay and bisexual men from donating to sperm banks in Canada, CTV News has learned.

Quebec woman shocked to find stolen Audi driven through Ontario mall in 'insane' robbery
A Quebec woman said she was very surprised to find her stolen Audi had been used in what’s being described as an “absolutely insane” Ontario mall robbery.
Actor Ryan Reynolds surprises students during tour of Toronto college
Canadian Actor Ryan Reynolds dropped by a Toronto college on Wednesday, surprising students in the midst of a school project.
Former CBC journalist dies after random attack on Toronto street, new suspect photo released
A long-time CBC radio producer who was the victim of a random assault in Toronto last week has died, the public broadcaster confirms.
Hockey team of preteen Ukrainian refugees arrives in Quebec City for tournament
A team of preteen Ukrainian refugees that have been scattered across Europe by war arrived Wednesday in Quebec City, where they'll get the chance to compete in a renowned hockey tournament.
Candice Bergen, former interim Conservative leader, resigning from Parliament
Candice Bergen, the former interim leader of the Conservative Party of Canada, is resigning from Parliament.
Help still needed for Ukrainian refugees: Community organizers
Nearly a year since Russia's invasion of Ukraine, community organizers say there is still work to be done to help the thousands of Ukrainian refugees looking to start a new life in Canada while coping with the hardships they've faced coming here.
After a radioactive capsule went missing in Australia, could the same happen in Canada?
After a tiny radioactive capsule went missing in the Australian outback, an expert in Canada says the likelihood of the same happening in this country is unlikely, given our strong regulations governing the handling of radioactive materials.
Canada Post honours Chloe Cooley with stamp for Black History Month
As Black History Month gets underway, Canada Post has unveiled a new stamp honouring Chloe Cooley, a young Black woman who was known to challenge her enslavement in the late 18th century.