Effective November 1, 2019, certain changes will be introduced to electricity bills as a result of recent regulatory amendments to O.Reg. 363/16 and O.Reg. 364/16 made under the Ontario Rebate for Electricity Consumers Act, 2016. In particular, the Ontario government’s new Ontario Electricity Rebate will come into force as a new on-bill line item.
The new Ontario Electricity Rebate will replace the former 8% Provincial Rebate as well as the rate reduction previously provided through Global Adjustment (GA) Refinancing.
The updated bills will display:
- The Ontario Electricity Rebate (OER) – the new provincial rebate that replaces the former 8% Provincial rebate and the rate reduction previously provided through GA Refinancing under the previous Fair Hydro Plan.
- Updated electricity prices under the OEB’s Regulated Price Plan that show the true cost of power.
- A separate statement that summarizes total Ontario support on the bill for customers who receive support from multiple provincial programs.
Additional information about the Ontario Electricity Rebate is available at https://www.ontario.ca/page/changes-your-electricity-bill
Ontario Electricity Rebate Effective November 1, 2019
Effective November 1, 2019, the Province of Ontario replaced the 8% Provincial Rebate with a new Ontario Electricity Rebate (“OER”).
Update: Effective January 1, 2021 the OER Rebate is 21.2%
The Government’s intention is that, for residential and small business customers, the reduction in the electricity price effective Jan 1, 2021 will be offset by the change in the OER.
There are new notice requirements for the OER for residential multi-unit accounts. Please review the eligibility requirements and complete the attached “Ontario Electricity Rebate Eligibility Form” and return by January 31, 2020.