Ontario Electricity Rebate 2017

By virtue of this act electricity consumers are entitled to an 8 rebate on the cost of electricity related to consumption on or after january 1 2017.

Ontario electricity rebate 2017.

The rebate does not have an expiry. Consumers receive the financial assistance by means of an 8 per cent reduction in the amount payable before tax under their electricity accounts for each billing period. The rebate will start to appear on bills that reflect services received after november 1 2019. It was estimated that the 8 provincial rebate would provide ontario families with an average.

You may be eligible to receive an 8 rebate on your electricity bill effective january 1 2017 under the ontario rebate for electricity consumers act 2016. The rebate is equal to eight per cent 8 of the base invoice amount for each billing period as defined in ontario regulation o reg 363 16. The ontario electricity rebate will reduce the pre hst costs on customers bills by 31 8. The oer is a provincial rebate equal to 31 8 per cent of the base invoice amount as defined in o reg 363 16 and is an expansion of the former 8 per cent.

The new ontario rebate for electricity consumers orec program which commenced on january 1 2017 provides financial assistance to eligible consumers in respect of electricity costs. The act puts in place the framework for giving effect to the fair hydro plan initiatives that the government has stated will. The new ontario electricity rebate oer will commence on november 1 2019 and will be applied to bills for most residential consumers farms and many small businesses. The province of ontario has recently passed into law the ontario rebate for electricity consumers act 2016 act.

The new ontario electricity rebate is intended to allow consumers to see the full value of the rebate they re receiving. The fair hydro act 2017 came into effect on june 1 2017. Read about the ontario electricity rebate on the government of ontario website. Chatham ontario n7m 5k2.

Self declaration form for 8 per cent rebate on electricity bill. The ontario rebate for electricity consumers act 2016 a uthorizes financial assistance for certain ontario electricity consumers in respect of electricity costs. If your account meets any one of.