Ontario clean energy benefit now in effect

subscribe

The Ontario Clean Energy Benefit came into effect at the beginning of this year. The purpose of this tax credit is to help families by providing 10 per cent off their electricity bills for the next five years, while important investments are made in the electricity system. Ontario families, farms and small businesses will automatically receive the benefit on their electricity bill.

The Ontario Clean Energy Benefit is in addition to the new enhanced Ontario Energy and Property Tax Credit, which is putting up to $900 back into the pockets of low- to middle-income families and single people, and up to $1,025 for seniors.

According to a recent Ontario Ministry of Energy press release: "As part of the province's Open Ontario Plan, the Long-Term Energy Plan is moving the province to clean sources of power and shutting down coal power that pollutes the air Ontario families breathe. Upgrading and modernizing Ontario's energy infrastructure is helping to provide reliable power to homes and businesses and is creating thousands of jobs for Ontarians in the growing clean energy sector."

QUICK FACTS FROM THE ONTARIO MINISTRY OF ENERGY

* An average household can expect to save approximately $150 through the Ontario Clean Energy Benefit.

* New renewable energy supply that is online or under construction totals more than 2,700 megawatts, which represents enough to power over 900,000 homes each year.

* To date, more than 20 businesses have announced they are setting up or expanding plants to manufacture parts for the solar and wind industry, creating new jobs in Ontario.

* In 2003, Ontario had 19 dirty, polluting coal units and just 10 wind turbines recently, the province has over 700 wind turbines and by 2014 all coal units will be closed or converted to biomass or natural gas.

Related News

edmonton electric buses

Edmonton's 1st electric bus hits city streets

EDMONTON - Your next trip on Edmonton transit could be a historical one as the city’s first battery-electric bus is now on city streets, marking a milestone for Edmonton Transit Service.

“Transit has been around since 1908 in Edmonton. We had some really small buses, we had some trolley buses several years later. It’s a special day in history today,” Ryan Birch, acting director of transit operations, said. “It’s a fresh experience… quiet, smooth riding. It’s going to be absolutely wonderful.”

In a news release, Mayor Don Iveson called it the largest purchase of electric buses in Canadian history.

“Electric buses are a…

READ MORE
Turkish floating power station Karadeniz Powership Orhan Bey

Lebanon Cabinet approves watershed electricity sector reform

READ MORE

alberta-ends-moratorium-on-renewable-energy-projects

Alberta Ends Moratorium on Renewable Energy Projects

READ MORE

Nord Stream

Nord Stream: Norway and Denmark tighten energy infrastructure security after gas pipeline 'attack'

READ MORE

ev building charging

How vehicle-to-building charging can save costs, reduce GHGs and help balance the grid: study

READ MORE