OCEB rebate coming to Veridian customers


Protective Relay Training - Basic

Our customized live online or in‑person group training can be delivered to your staff at your location.

  • Live Online
  • 12 hours Instructor-led
  • Group Training Available
Regular Price:
$699
Coupon Price:
$599
Reserve Your Seat Today
Veridian customers will be among the first in Ontario to start receiving a 10 per cent rebate on electricity bills when its regularly scheduled invoices are issued.

The rebate, called the Ontario Clean Energy Benefit OCEB, is an Ontario government initiative intended to help customers manage the rising cost of electricity for the next five years.

The OCEB will provide a 10 rebate on most components of a customer's total electricity bill, including electricity costs, regulatory and delivery charges, the debt retirement charge and taxes. It will apply to charges relating to electricity consumed from January 1, 2011 to December 31, 2015. Those eligible for the OCEB include residential, farm and small business consumers.

Once the benefit is fully implemented, an average Veridian residential customer using 1,000 kWh will see a reduction of about $13 per month.

"The Ontario Clean Energy Benefit will provide some much-needed financial relief to Veridian customers on their electricity bills," said Rob Scarffe, Veridian's Executive Vice-President of Customer Services. "The benefit, combined with conservation and demand management programs and time-of-use electricity pricing, will help our customers better manage their electricity costs and support the province's transition to a cleaner electricity system."

The OCEB will be shown as a separate line item on electricity bills. The line item will be labelled as "Ontario Clean Energy Benefit -10".

Scarffe points out that the initial rebate amounts will be less than 10 of total electricity charges, as invoices issued during the first several weeks of 2011 will cover billing periods that include consumption during late 2010. "Customers will see the full impact of the rebate on bills issued after about mid-March," he said. "Until that time, most customer bills will include charges related to pre-January 1st, 2011 consumption, to which the Ontario Clean Energy Benefit does not apply."

Related News

What's at stake if Davis-Besse and other nuclear plants close early?

FirstEnergy Nuclear Plant Closures threaten Ohio and Pennsylvania jobs, tax revenue, and grid stability, as…
View more

Canadian Electricity Grids Increasingly Exposed to Harsh Weather

North American Grid Reliability faces extreme weather, climate change, demand spikes, and renewable variability; utilities,…
View more

Renewable electricity powered California just shy of 100% for the first time in history

California Renewable Energy Record highlights near-100% clean power as CAISO reports solar, wind, and storage…
View more

UK EV Drivers Demand Fairer Vehicle Taxes

UK EV Per-Mile Taxes are reshaping road pricing and vehicle taxation for electric cars, raising…
View more

N.B. Power hits pause on large new electricity customers during crypto review

N.B. Power Crypto Mining Moratorium underscores electricity demand risks from bitcoin mining, straining the energy…
View more

Pennsylvania residents could see electricity prices rise as much as 50 percent this winter

Pennsylvania Electric Rate Increases hit Peco, PPL, and Pike County, driven by natural gas costs…
View more

Sign Up for Electricity Forum’s Newsletter

Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.

Electricity Today T&D Magazine Subscribe for FREE

Stay informed with the latest T&D policies and technologies.
  • Timely insights from industry experts
  • Practical solutions T&D engineers
  • Free access to every issue

Live Online & In-person Group Training

Advantages To Instructor-Led Training – Instructor-Led Course, Customized Training, Multiple Locations, Economical, CEU Credits, Course Discounts.

Request For Quotation

Whether you would prefer Live Online or In-Person instruction, our electrical training courses can be tailored to meet your company's specific requirements and delivered to your employees in one location or at various locations.