For newcomers to Canada, managing utility costs can be a significant concern as they settle into their new environment. The Ontario Electricity Support Program (OESP) is a vital initiative designed to assist low-income households in reducing their electricity bills, making it easier for families to manage their monthly expenses. In this guide, tailored specifically for newcomers, we will explore the OESP, how it works, and the benefits it offers to eligible households.
What is the Ontario Electricity Support Program (OESP)?
The Ontario Electricity Support Program provides monthly on-bill credits to reduce the electricity bills of low-income households. This financial assistance helps ensure that essential electricity costs remain manageable.
How does the OESP work?
Eligible households receive monthly credits on their electricity bills. The amount of the credit depends on the household’s income and size. The more people living in the household and the lower the household income, the higher the credit.
Eligibility criteria
To qualify for the OESP, households must meet the following criteria:
- Be a residential customer of an electricity utility in Ontario.
- Have a total household income that falls below the eligibility threshold.
- Provide proof of household income and size, such as income tax returns and identification for all household members.
Monthly credit amounts: The monthly credit ranges from $35 to $75, depending on the household size and income. For households that rely on electric heating or have medical devices requiring electricity, the credit can be higher, ranging from $52 to $113.
How to apply: To apply for the OESP, follow these steps:
- Complete the online application form on the OESP website.
- Provide necessary documentation, including proof of income and identification.
- Submit the application for review.
Since its inception, the OESP has helped thousands of low-income households in Ontario manage their electricity bills, providing financial relief and stability. According to the Ontario Energy Board, more than 220,000 households were receiving OESP credits as of 2020.
The Ontario Electricity Support Program is a valuable resource for newcomers to Canada, offering essential financial assistance to manage electricity costs. At Windmill Microlending, we understand the challenges newcomers face and offer financing options to help skilled immigrants return to their original careers. Visit our website to know more.
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