Sign in to follow this  
MaryJane

Ontario - Fair Hydro Plan

Recommended Posts

MaryJane

On March 2, 2017, the Government of Ontario announced several measures it will be implementing as part of a relief plan to lower electricity bills for Ontario residential customers by an average of 25%. The measures announced will also benefit many small businesses.

Referred to as Ontario’s Fair Hydro Plan, it includes:

  • the 8% rebate that came into effect on January 1, 2017;
  • increases in funding amounts for eligible participants in the Ontario Electricity Support Program (OESP);
  • the establishment of an Affordability Fund to help further support energy-efficiency initiatives; and,
  • holding electricity price increases over the next four years to the rate of inflation.

Initial changes to take effect on May 1, 2017 will be reflected on customer bills starting this summer. More details are expected as new legislation is introduced in the weeks ahead. We will keep you informed of the changes.

For additional information on the Fair Hydro Plan announcement, read the Government of Ontario news release at https://news.ontario.ca/opo/en/2017/03/ontario-cutting-electricity-bills-by-25-per-cent.html

  • Like 2

Share this post


Link to post
Share on other sites
Jules

Lesson #1 to anyone new to Ontario: hydro account is not water. It's electricity. I assume it's because a lot of the power in southern Ontario has historically been hydro electric from Niagara. So hydro became the word for electricity accounts. 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this