New Cost Benchmarking Study

Gretchen Waschbusch • December 1, 2025

Focus on North American Power Distributors

PEG won a competitive bid in February 2025 to help the Ontario Energy Board improve its statistical research on utility cost.  The OEB has been a pioneer in the use of statistical benchmarking and productivity trend research in rate setting.  PEG is updating the power distributor cost benchmarking and productivity studies that the Board uses to design attrition relief mechanisms for its multiyear rate plans.  Using Ontario, Alberta, and U.S. data, PEG has developed sophisticated new econometric models that can benchmark the operation & maintenance (O&M), capital, and total cost performances of all sampled power distributors. Results for ex Ontario utilities are available. We greatly appreciate the opportunity the OEB is providing for us to do unbiased research on power distributor cost and stay at the cutting edge of the PBR field.

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