Ontario Electricity Rebate

hydro cost hit postponed with extended eligibility for Ontario Electricity Rebate

CondoBusiness

Rebate extension postpones hydro cost hit

The six-month extension comes with an improved rate since the discount on pre-tax electricity consumption and transmission/distribution costs will increase to 33.2 per cent on November 1.
Many hydro accounts for common areas in large multi-residential buildings will no longer qualify for the Ontario Electricity Rebate as of November 2020

CondoBusiness

Ontario Electricity Rebate applied unevenly

Many hydro accounts specifically tied to the common areas of multi-residential buildings will no longer qualify for the 31.8 per cent rebate beginning in November 2020.