CONDO July August 2020

Page 30

Ontario Electricity Rebate Applied Unevenly Many condominium corporations and owners of multi-

BY BARBARA CARSS

residential rental buildings can expect higher electricity costs this fall when hydro accounts specifically tied to the common areas of larger buildings lose eligibility for the Ontario Electricity Rebate (OER).

Late last year, the Ontario Energy Board (OEB) determined that the nearly 32 per cent rebate could be applied on all common area accounts during a transitional period that is slated to end October 31, 2020. After that, only accounts reflecting less than 50 kilowatts (kW) of demand or 250,000 kilowatt-hours (kWh) of annual consumption will qualify.

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