Cost Recovery

The National Energy Board is a cost-recovered agency. The National Energy Board Cost Recovery Regulations set out which costs the NEB recovers and the manner in which money is recovered. Approximately 90% of the Board's total expenditures are recovered from the companies it regulates under the National Energy Board Act. The calculation of cost recovery levies for a particular company is determined as set out in the Cost Recovery Regulations. The NEB consults with regulated companies with respect to cost recovery through a Cost Recovery Liaison Committee which is comprised of industry and government representatives.

What's New

• Auditor's Reports and NEB Financial Statements
  The 2009 audited financial statements for cost recovery are now available on the NEB’s website.
• 2010-2011 Report on Plans and Priorities
  Cost Recovery Liaison Committee (CRLC) members have expressed interest in having information regarding the NEB's spending plans. For your information, the NEB's Report on Plans and Priorities for the 2010-2011 fiscal year was approved, tabled in Parliament and is now posted on the Treasury Board website.
  
  This document sets the NEB's Parliamentary spending authorization for the current and next two fiscal years. Although these numbers do not align directly with recoverable costs they are indicative of the cost recovery estimates for the next couple of years.
• Cost Recovery Liaison Committee
• Electronic Funds Transfer (EFT) now available

Questions and Answers

• Cost Recovery - Questions and Answers - 28 April 2010

Workshops

• 2009-05-04
  Presentation - Essentials of Cost Recovery at the National Energy Board
• Presentation - Review of Amendments to the National Energy Board Cost Recovery Regulations
• Notes from Cost Recovery Workshops - 1 and 3 February 2010

Cost Recovery Regulations

• 2009-12-09
  Regulations Amending the National Energy Board Cost Recovery Regulations SOR/2009-307 will come into force on 1 January 2010 with changes affecting NEB-regulated electricity companies. See Canada Gazette Website, Part II: Official Regulations, Wednesday, December 9, 2009, Vol. 143, No. 25.
  • Amendment of the National Energy Board Cost Recovery Regulations - 9 December 2009
  • Process for Amending the Cost Recovery Regulations
• Request for Review of the National Energy Board Cost Recovery Regulations - Electricity
  (See Process for Amending the Cost Recovery Regulations)
• National Energy Board Cost Recovery Regulations - SOR/91-7
• Regulations amending the National Energy Board Cost Recovery Regulations - SOR/2002-375

For more information

• Cost recovery
• NEB Financial Statements

If you just need someone to talk to:

Dan Philips (dan.philips@neb-one.gc.ca)
Senior Financial Advisor
National Energy Board
Telephone: 403-299-7884
Telephone (toll free): 1-800-899-1265
Telecopier: 403-292-5503
Telecopier (toll free): 1-877-288-8803
TTY (Teletype): 1-800-632-1663