Ontario reducing electricity costs for businesses in the NorthStaff Writer | June 21, 2017
Ontario is reducing electricity costs by up to 25 per cent for some of the biggest job creators in Northern Ontario.
Energy Support for large and industrial businesses
This support will enable them to better plan for long-term growth and continue to create and sustain good jobs in Northern Ontario.
The NIER program will continue to invest up to $120 million each year to assist Northern Ontario’s largest industrial electricity users reduce their energy costs.
Participating companies receive a rebate of up to $20 million per year.
Since the program was launched in 2010, approximately $784 million has been disbursed to participating facilities. ■