Earlier this year, we asked whether the Ontario Clean Energy Benefit was good, bad or ugly, or whether it would even apply to condominiums. While the jury is still out on whether this rebate makes any sense, it doesn’t take a rocket scientist to determine whether your eligible condominium corporation should apply for the rebate.
The Association of Condominium Managers of Ontario (ACMO) recently posted good news that will be of interest to any condominium corporation in Ontario that receives a hydro bill.
To help spread the word to as many people as possible, the full text of ACMO’s news release is reproduced below. Check it out.
Once again, hats off to ACMO and the Toronto chapter of the Canadian Condominium Institute for their ongoing advocacy for condo corporations and unit owners and for circulating this valuable information.
In 2010 the Ontario Government announced the Ontario Clean Energy Benefit (OCEB). As prescribed in the Ontario Clean Energy Benefit Act, 2010 (OCEBA), an electricity account relating to a property as defined in the Condominium Act, 1998, is eligible to receive a rebate of 10% on their bill. This rebate applies to condominium properties regardless of their level of electricity consumption or demand.
ACMO and CCI have been in discussions with the Ministry of Energy and the Electricity Distributors Association (EDA) since it came to light that many condominiums have not been receiving the OCEB. Many of the electricity distributors across Ontario processed the 10% rebate to all customers who were part of the Regulated Price Plan (RPP) available to all residential customers.
Condominium corporations that have opted not to participate in the RPP and are instead paying spot pricing or are enrolled in a retailer contract may not be receiving the OCEB rebate of 10% for which they are entitled.
The rebate is retroactive to January 1, 2011.
Please be advised that all condominium corporations that have not been receiving the OCEB should contact their local electricity utility and request a self-declaration form. By submitting this form to your local electricity utility you will be confirming that your client condominium corporation is eligible for the OCEB under the OCEBA.
For further information on your client’s eligibility, please contact your local electricity utility or refer to the definitions of “eligible account” in the OCEBA and “property” in the Condominium Act, 1998.