Wynne Government Prioritizes Low-Carbon Economy in September 12, 2016 Throne Speech
September 15, 2016
On Monday, September 12, 2016 Lieutenant Governor Dowdeswell delivered the Throne Speech outlining the government's priorities for the second half of its mandate. The Throne Speech touched upon a number of new initiatives relevant to energy, climate change, First Nations, and innovation.
make the rebate available to all retail and system consumers including most families, farms, and small businesses (estimated at approximately $130 per year);
expand the Rural or Remote Electricity Rate Protection (RRRP) program to eligible rural ratepayers (on-bill monthly savings of about 20 per cent, or $45 per month);
lower the threshold and expand the eligibility of the Industrial Conservation Initiative (ICI) encouraging large electricity users to shift consumption away from peak periods (lower electricity costs by up to 34%); and
provide on bill Greenhouse Gas Reduction Account rebates for consumers not eligible for the HST rebate or the expanded ICI.
The Throne Speech indicated that the government will:
use proceeds from the cap and trade program to invest in GHG reduction projects and incentives to help Ontario households and businesses reduce GHGs; and