Existing Programs To Reduce Electricity Costs for Consumers and Businesses
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.
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 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.