Electricity costs
Canadian Property Management
B.C. budget promises cost relief measures
B.C.'s 2024 budget introduces a 12-month electricity rebate, estimated at 4.6 per cent of annual consumption costs, and a six-year pause on property transfer tax for new purpose-built rental housing, beginning in 2025.
Canadian Property Management
New option proposed for Ontario’s ICI program
Large electricity customers in Ontario could have a new option for reducing the peak demand factors that determine their share of the bucket of electricity system costs known as the global adjustment.
CondoBusiness
Unregulated fees for unit sub-meters questioned
Ontario’s auditor general is calling for a closer look at the unregulated fees that electricity customers in multifamily buildings pay to unit sub-meter providers.