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 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.
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 province of ontario has recently passed into law the ontario rebate for electricity consumers act 2016 act.
The fair hydro act 2017 came into effect on june 1 2017.
If your account meets any one of.
The ontario rebate for electricity consumers act 2016 a uthorizes financial assistance for certain ontario electricity 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 rebate for electricity consumers orec program which commenced on january 1 2017 provides financial assistance to eligible consumers in respect of electricity costs.
Read about the ontario electricity rebate on the government of ontario website.
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.
It was estimated that the 8 provincial rebate would provide ontario families with an average.
Chatham ontario n7m 5k2.
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.
Under the orec program which was introduced on 1 january 2017 eligible consumers of electricity costs were entitled to an 8 provincial rebate equal to the provincial component of the harmonized sales tax hst on bills of residential farm small business and other eligible customers.
The rebate will start to appear on bills that reflect services received after november 1 2019.
Ontario electricity rebate to take effect on november 1.
The rebate does not have an expiry.
The new ontario electricity rebate is intended to allow consumers to see the full value of the rebate they re receiving.
The ontario electricity rebate will reduce the pre hst costs on customers bills by 31 8.
