Ontario is helping make electricity more affordable for families by removing the Debt Retirement Charge for all residential consumers and introducing the Ontario Electricity Support Program for low-income families.
The proposed program, administered through the Ontario Energy Board, would come into effect on January 1, 2016 and would help low-income Ontarians by providing them with financial assistance.
Qualifying individuals could be eligible for a $20 to $50 monthly credit based on the size of the household and income. For example, a family of four with an annual income of less than $28,000, would be eligible for a $38 monthly credit — a total of about $455 per year.
In addition, the Debt Retirement Charge for all residential consumers will be removed from the bill.
Helping low-income households with the cost of electricity is part of the government’s economic plan for Ontario. The four-part plan is building Ontario up by investing in people’s talents and skills, building new public infrastructure like roads and transit, creating a dynamic, supportive environment where business thrives and building a secure savings plan so everyone can afford to retire.