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Existing Programs To Reduce Electricity Costs for Consumers and Businesses

Backgrounder

Existing Programs To Reduce Electricity Costs for Consumers and Businesses

Ministry of Energy

Residential:

Ontario Electricity Support Program

  • Provides up to $50 in monthly credits directly on the bills of eligible low-income electricity consumers, and up to $75 for those with unique electricity requirements.

Ontario Energy and Property Tax Credit

  • Delivered as part of the Ontario Trillium Benefit, provides up to $1,008 per year for low-to moderate-income individuals and families, and up to $1,148 for qualifying seniors.

Northern Ontario Energy Credit

  • Delivered as part of the Ontario Trillium Benefit, provides individuals living in northern Ontario with a credit of up to $146 per year for the 2016 benefit year, and families up to $224.

saveONenergy for Home Conservation Programs (including Home Assistance Program for low income customers)

  • Offered by local distribution companies (LDCs),  these programs provide financial incentives for electricity-saving measures like LED light bulbs, ENERGYSTAR certified ceiling fans, baseboard programmable thermostats, clotheslines, and advanced power bars. An average household could save $80 in annual electricity costs by replacing incandescent light bulbs with ENERGY STAR LED bulbs and by installing an energy efficient central air conditioner.

Commercial:

saveONenergy for Business Conservation Programs (including the Audit and Retrofit programs)

  • Offered by LDCs, these programs provide financial incentives to help businesses save energy and better manage their electricity bills.

Industrial:

Industrial Conservation Initiative

  • Encourages Ontario’s largest consumers to reduce consumption during peak periods to save up to one-third on their electricity bills.

Industrial Accelerator Program

  • This program provides financial incentives to transmission-connected electricity companies to help them fast track capital investment in major energy conservation projects to help them become more competitive.

Industrial Electricity Incentive

  • Provides reduced electricity rates for qualified companies starting or expanding operations in Ontario.

Northern Industrial Electricity Rate Program

  • Provides a $20 per megawatt hour rebate, up to a maximum of $20 million, for qualifying large northern industrial consumers.

Demand Response Auction

  • Provides contractual incentives to businesses and industry to reduce electricity consumption when called upon to do so. This lowers costs and enhances the reliability of the electricity system.

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