Ontario’s Fair Hydro Plan, introduced by the Government of Ontario has lowered electricity bills for residential, farm and small business customers by an average of 25 percent across the province. Large business customers also benefit from this new initiative and may be eligible for additional benefits.
8% Provincial Rebate
The 25% reduction includes the 8% Provincial Rebate introduced in January 1, 2017. Small business customers are eligible for this rebate equal to the provincial portion of the Harmonized Sales Tax (HST). Large business, institutional and industrial customers may also qualify for the 8% Provincial Rebate. The rebate does not have an expiry date.
Did you know? Businesses with a demand of less than 50 kilowatts automatically qualify.
Eligibility to receive the rebate is defined under the Ontario Rebate for Electricity Consumers Act, 2016.
If you previously provided Hydro Ottawa with a self-declaration form to be exempted from the Debt Retirement Charge (DRC) or to receive the Ontario Clean Energy Benefit (OCEB), you were automatically enrolled to receive this rebate.
If your status has changed, however, since you provided those forms, you must notify Hydro Ottawa of that change as it may affect your eligibility to receive the 8% Provincial Rebate.
If you did not qualify for previous exceptions or credits, you may still be eligible to receive the rebate.
Multi-Unit Residential Buildings that do not have individually metered units are also eligible. If you own an apartment building or condominium that is not individually metered, you must self-declare your eligibility.
If you are a Sub-meter Customer, your account may be eligible for the rebate. You must self-declare your eligibility. Sub-metering Providers must ensure that each eligible person who pays an invoice receives a credit, as per the Ontario Rebate for Electricity Consumers Act, 2016. Sub-metering providers must also track which customers receive a monthly credit on their bill through the Ontario Electricity Support Program (OESP). The 8% rebate will be determined by the base amount that appears on their bill.
A complete list of eligibility requirements may be found on the form.
Industrial Conservation Initiative (ICI)
The Industrial Conservation Initiative (ICI) is a demand response program aimed at shifting large electricity users’ consumption to off-peak hours. This allows these customers to manage their global adjustment (GA) costs by reducing demand during peak periods.
All customers with a peak demand under 5 MW must opt-in to take part in the ICI program.
More about Ontario’s Fair Hydro Plan
- Rate increases will be held to the rate of inflation for four years.
- A portion of the Global Adjustment has been re-financed, with the costs of clean energy investments spread out over a longer period of time. This ensures that the costs of these investments are allocated fairly among current and future ratepayers.
To find out more, visit Ontario.ca/FairHydroPlan.