This Just In! - News

Ontario to Rebate HST from Electricity Bills

Biz X Magazine NEWS, CARHA,Windsor Essex Harvest Festival,Festivals and Events, Open Air Burning, Business Excellence Awards, Breaking Barriers,EDDIE FRANCIS, Staycation, TeslaCrypt Tourism Week, My Property Tax, Climate Change Action Plan, VIGIL, Pacifica Hybrid, Outstanding Business, WEARCI Seeks Mentors, Ontario Rent Increase, Assistance in Dying Legislation, Two Local High Schools, Enhance Canada Pension Plan, Social Enterprise, CANCER SCANNING, Medical Marijuana Prescription Service, Cider Available in Grocery Stores, basic income, Mega-hospital, PET/CT Scanner, Precision Diagnostic Imaging, Entry-Level Training, Ontario Autism Program, Summer Company, Property Tax Bills, Ontario Regulations,Child Support Payments, Travelling with Pets,Summit Creative Award, Workplace, JUNE 2016, Auto Insurance, ChangeTheWorld, oma, New Fire Hall, First Quarter, Insurance Changes, Cimpress to Create Jobs in Windsor, City of Windsor Vendor, Open Air Fire Ban, Urgent Home Repairs, Canadian Free Trade Agreement, HEPATITIS DAY, Online Shopping through LCBO.com, Retirement Security, Farmers Market Survey, Child Care Wait List, WIFF submission deadline, Canadian Food Producers, Ontario and Michigan are working together to drive growth and increase the competitiveness of the Great Lakes auto industry, Ontario First Quarter Finances, Where’s the Beef, Ontario150, Certified Site Program, Body of Work Fashion Show, Partner Facility Renewal, The Gordie, License Home Inspectors, For Peace Sake, Behavioural Supports Ontario, Emergency Rooms, Sun Parlour Folk Music Society, Driver Licence, WINDSOR TORNADO, Windsor Tornado Update, Gender Wage Gap,Services for Refugees, On A Mission for the Mission, living wage, Ontario Infrastructure, Student Renter, Zoomers, Coffee Break, Canadian Competitiveness Award, Libro Credit Union, Grocery Stores,Celebrate Ontario, Capping Salary, Full-Day Kindergarten, Electricity Costs, Jobs Available, Windsor Pizza Fest, suicide rates, Ontario to Improve Dementia Care, Ontario to Cut Red Tape, Drug Impaired Drivers, Ontario Increasing Minimum Wage from $11.25 to $11.40 on October 1, 2016 - the third consecutive year it has increased, Fire Prevention Week, Special Garbage Pickup in the Works, Lakeshore Rain, Celebrating Cultural Diversity Across Ontario, CMHA Windsor-Essex Supports Mental Illness Awareness Week, Ontario Making Hospital Parking More Affordable, Ontario Activates Disaster Recovery Assistance, Purse, Flood, Windsor, NDP leads the way in declaring Islamic Heritage Month this October, in Ontario, Update on Windsor Flooding Support Services, Dillon Consulting Limited marks 70th anniversary by focusing on mental health promotion, Ontario Adds 16,200 Jobs in September, Progress Being Made in Windsor Flood Material Pick-up, Windsor - Essex, South Korea Form Partnership, Windsor Essex, South Korea Form Partnership, Ontario Taking Action to Protect Clean Water, Ontario Recognizes Waste Reduction Week, Rotary Club of Windsor-St.Clair recipient of 150th Celebration Gardens, Today Ontario passed legislation that will rebate the provincial portion of the HST from electricity bills as of January 1, 2017, Ontario Providing Free Language Training for Immigrants,2016 National Philanthropy Day Award Recipients, Historic Electricity Trade Agreement, Bigg Wiggle Support of Mayor’s Youth Leadership Team, Wine Now Available On Grocery Store Shelves, Keep The Roads Safe for Trick-Or-Treaters - Be Alert and Follow the Rules of the Road this Halloween, Trade Deal Between Canada and EU, Ontario Energy Audits and Retrofits Program Cash,Ontario Building Schools in Windsor-Essex, Lakeshore Warns of Door to Door Salespersons, Protect Your Family From Carbon Monoxide, Unredeemed Cat Spay Neuter Vouchers Offered, Ontario Seeking Input on Basic Income Pilot, ESSEX COUNTY REAL ESTATE STATS OCT 2016, Random Act of Kindness Day, Ontario Adds 25,400 Jobs, $56,294 Raised at Rotary TV Auction, Student Debt Crisis in Ontario, South National Road Closure, Indigenous Relations and Reconciliation on Aboriginal Veterans Day, 15 Projects Receive ACHF Funding,Province Fights Speeding in School Zones, Land Transfer Tax, TWEPI Ontario Culinary Tourism Awards, Premier Wynne

Today Ontario passed legislation that will rebate the provincial portion of the HST from electricity bills as of January 1, 2017

The Ontario Rebate for Electricity Consumers Act, 2016 will reduce electricity costs by 8 per cent on the amount before tax, an average savings of about $130 annually or $11 each month, for about five million residential consumers, farms and small businesses.

“The government recognizes the need to do more to ensure an affordable energy system for everyone and is committed to providing electricity rate relief that will benefit ratepayers in a meaningful way. Starting January 1, we will provide an 8 per cent rebate to provide extra relief for Ontario’s families, farms and small businesses.” — Glenn Thibeault, Minister of Energy

Rural electricity ratepayers will receive additional relief, decreasing total electricity bills by an average of $540 a year or $45 each month.

Commercial, institutional and industrial ratepayers would also benefit from up to 34 per cent lower electricity costs through the expansion of the Industrial Conservation Initiative.

Making electricity more affordable is part of our plan to create jobs, grow our economy and help people in their everyday lives.

QUICK FACTS

  • The province is reducing costs for eligible rural ratepayers by providing additional funding to the Rural or Remote Rate Protection (RRRP) program.
  • The Industrial Conservation Initiative (ICI) provides a strong incentive for large electricity consumers to shift their electricity consumption to off-peak hours to reduce their bills by up to one-third. Ontario intends to expand ICI to help reduce cost pressures on the electricity system and enable more consumers to reduce their electricity bill by up to one third.
  • Ontario has removed the Debt Retirement Charge from residential electricity bills and introduced the Ontario Electricity Support Program (OESP) to provide a monthly credit to low-income households who have applied and meet the eligibility requirements to help reduce electricity costs.
  • Since 2003, Ontario has invested more than $35 billion in over 16,000 megawatts (MW) of new and refurbished clean generation, including nuclear, natural gas and renewables – this represents about 40 per cent of our current supply.