Customers to receive 10% rebate on electricity bill starting this week
AJAX, ON, Jan. 17 /CNW/ - 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 this week. 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
For more information on the Ontario Clean Energy Benefit, visit www.ontario.ca/energyplan or call 1-888-668-4636.
Veridian Connections Inc. safely and reliably delivers electricity to
more than 113,000 customers in the Cities of Pickering and Belleville,
the Towns of Ajax, Port Hope and Gravenhurst, and the communities of
Uxbridge, Bowmanville, Newcastle, Orono, Port Perry, Beaverton,
Sunderland and Cannington. Veridian Connections Inc. is a wholly owned
subsidiary of Veridian Corporation. The City of Pickering, the Town of
Ajax, the Municipality of Clarington and the City of Belleville jointly
own Veridian Corporation.
For further information:
Sales & PR Representative - Corporate Communications
Veridian Connections Inc.
905-427-9870, extension 2218