On January 1, 2017, your electricity costs went down 8%.
Ontario’s government is reducing electricity costs by rebating an amount equal to the provincial portion of the HST on your monthly hydro bill. That’s an 8% rebate for Ontario families, and on average will mean $130 more in your pocket each year.
This is part of Ontario’s plan to help people with the costs of everyday living by reducing electricity costs.
Across Ontario, about five million residential consumers, farms, and small businesses will benefit from this rebate.
Horizon Utilities Corporation will implement these savings onto your bill starting January 1, 2017.
Learn more at the Ministry of Energy website: http://www.energy.gov.on.ca/en/provincial-rebate