MISSISSAUGA, ON, Feb. 3 /CNW/ - Customers of Ontario's lowest-priced
online energy retailer MyRateEnergy.ca will automatically receive a 10% rebate applied to their electricity
bills for the next five years. The rebate is part of The Ministry of
Energy's Ontario Clean Energy Benefit (OCEB) and is designed to move Ontario's power industry towards cleaner sources
According to the Ontario Ministry of Energy, the reduced cost for each
customer is estimated to be at least $150 per year and at least $750 in
savings over five years.
The OCEB discount took effect January 1st 2011, and will appear on eligible MyRateEnergy.ca customers' next electricity bill.
Because renewable forms of energy are more expensive to generate, the
OCEB rebate is designed to offset some of the cost increase for
consumers. Ontario's rising energy costs are directly related to the
increased demand for cleaner generation sources. For more information
on the OCEB rebate and eligibility, please visit the Ministry of
Energy's website, or call the Ministry of Energy toll-free at 1-888-668-4636.
MyRateEnergy is a Canadian owned company offering natural gas and
electricity price protection programs to Ontario consumers.
MyRateEnergy has been offering both residential and commercial
customers low rates since 2009.
For further information:
Victoria Ollers, firstname.lastname@example.org, 416-822-2288