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The Financial Accountability Officer released their report on Ontario’s Energy and Electricity Subsidy Programs. This report confirmed that electricity bills will be 12 per cent lower than they would have been under the previous government’s plan. What’s more, the report also shows that electricity bills will be 23 per cent lower in 2029.
Under the government’s hydro plan now in place, the typical residential ratepayer saw a 29% reduction in their electricity bill last year, putting an extra $600 back into people’s pockets.
We will continue to support families and businesses, putting money back in your pocket.