Changes To Electricity Bills And Cost – 2020

In November 2019, changes to electricity billing were introduced, resulting in a 1.8 percent increase in electricity pricing. Rates for electricity are now set at market value, with no changes made to delivery and maintenance of provincial and local distribution systems. The 8 percent HST rebate was eliminated, and a new rebate (Ontario Energy Rebate) now appears at the bottom of the electricity bill. To receive the new rebate, condominium corporations were required to confirm their eligibility to their utility by February 2020. The overall impact of these changes appears to be an increase of about 1.8 percent, which can vary dramatically based on the amount of electricity used. The current Ontario Energy Rebate is in effect at least until October 2020.