Weather

Current Conditions
1.9 C
Light Drizzle
Today's Forecast
6 C
Chance of showers or drizzle
Sponsored by Highland Ford

News And Views

Classifieds

Announcements

Entertainment

Shop Local

More Local

Search The Web

Google Search

Local News

Lower rates help Northern Ontario residents and industry

Wednesday, November 07, 2012   by: SooToday.com Staff

NEWS RELEASE

DAVID ORAZIETTI, MPP

***************************
Decrease in off-peak prices lowers energy rates

Combination of provincial energy credits helping support Northern Ontario residents and industrial sector

SAULT STE. MARIE - The Ontario Energy Board announced that lower mid-and-off peak electricity prices will reduce monthly bills by 1.6 percent for almost 90 percent of Northern Ontario residents, which is in addition to the three existing individual and family credits from the Province, David Orazietti, MPP announced today.

“We are working to reduce energy costs for individuals and families, which is why the province created a permanent Northern Ontario Energy Credit and increased the Ontario Energy and Property Tax Credit,” said Orazietti. “When combined with the provincial Clean Energy Benefit there are three useful programs that northerners can take advantage of to reduce their energy costs.”

The province is providing the following programs to make energy costs more affordable, including:

  • The Northern Ontario Energy Credit, introduced by the province in 2010, is saving northerners an average of $137 and families $210 a year to help with winter heating and more expensive fuel costs
  • The Ontario Energy and Property Tax Credit can save low-to-middle income earners up to $946 per year, and seniors $1078
  • The Ontario Clean Energy Benefit, which automatically takes 10 percent off almost everyone's total monthly bill

In addition, the Northern Industrial Electricity Rate Program (NIERP) is helping Northern Ontario companies protect and create jobs in the mining, forestry and manufacturing sectors.

Local companies that are benefiting from the NIERP plan include Essar Steel Algoma, Tenaris Tubes and Flakeboard with estimated savings of:

  • Essar Steel Algoma and Tenaris Tubes: $11.5 million this year and approximately $35 million over three years
  • Flakeboard Company: $1.9 million this year and approximately $6.4 million over three years

***************************

Comments
6
Note: Comments that appear on the site are not the opinion of SooToday.com. If you see an abusive post, please click the link beside the post to report it.
Nanax5 11/7/2012 4:01:03 PM Report

I can't seem to find where I am saving anything. Three yrs ago it was $120 per month for 2 seniors now it is $157 per month. Mr O please open your eyes.
KFM 11/7/2012 4:33:59 PM Report

Again these so called savings for the"average family" are not a reality. The average home earn to much to get a break like that. Davey blowing dollar figures out his butt again trying to justify this government!
Dictionary 11/7/2012 5:09:45 PM Report

smoke and mirrors by David O!
LSARC 11/7/2012 7:32:36 PM Report

Just who is making up the difference?

They are still burning the next generation's money to fuel the FREE renewables...

Even environmentalists are calling "Green Energy" a hoax. http://www.youtube.com/watch?v=v6uVnyjTb58&feature=youtu.be

and asking: Why Are Environmentalists Taking Anti-science Positions?
"... We have been dangerously wrong before...remember the confusion over biofuels? They were a new green energy source we could all support. I remember, when the biofuels craze began about 2005, I reported on a few voices urging caution. They warned that the huge land take of crops like corn and sugar cane for biofuels might threaten food supplies; that the crops would add to the destruction of rainforests; and that the carbon gains were often small to non-existent. But Friends of the Earth and others trashed them as traitors to the cause of green energy."
http://e360.yale.edu/department/opinion/005/ Fred Pearce

We sacrifice education, health care and civility for something which constantly surprises the government because they never did the due/diligence required to provide us with accurate, timely, and transparent information which is the foundation for public access to environmental decision-making. a human right according to the UN.
stakeholder 11/8/2012 9:29:21 AM Report

Did these Liberal fools actually think we could adjust our lives to benefit from off peak savings???Did they adjust their availablity and services to accommodate this for us? Did your hours of work change so that the average citizen could benefit from off peak savings, while the industries(mostly office and banks)benefit from day time savings? The paper mills didn't catch a break-here or across the province. This is a scam and was designed so that we would have to pay more to live at these peak hours. "Sorry kids-you have to wait until 8pm for supper as mommy can't afford to turn on the oven until 7pm." We have no choice and this is when the government is making the most money. They get taxes from this. This is smoke blowing up your a$$ at it's finest!!!Good work Davey!!!!!
chrispoitras86 11/8/2012 10:45:45 AM Report

Man, sure would be nice to cash in on some of these savings.. Wait, I have an average working family with average jobs. Damn, too bad. I guess you have to be on welfare, retired or be a single person working minimum wage to get this benefit.

Nice work Dave at trying to make it look like you dingholes are actually doing something.
Comments
6
Note: Comments that appear on the site are not the opinion of SooToday.com. If you see an abusive post, please click the link beside the post to report it.
Advertising | Membership | Terms of Service | Privacy Policy | About SooToday.com | Contact Us | Feedback

Copyright ©2014 SooToday.com - All rights reserved