
The Ontario Ministry of Energy, Northern Development and Mines recently announced the introduction of the new Ontario Electricity Rebate (OER) effective November 1, 2019 for households, farms, long-term care homes, small businesses and residential multi-unit complexes, like apartments and condominiums.
The OER will replace the 8% rebate and the reduction previously provided through Regulated Price Plan (RPP) rates, as well as the Global Adjustment (GA) reduction. As a result, the Electricity line on bills will rise, the OER will provide an increased percentage rebate, and the average residential bill will increase in line with inflation.
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