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HomeNewsProvince announces new Affordability Fund to help with hydro costs

Province announces new Affordability Fund to help with hydro costs

ONTARIO- The Province is launching a new program it says will help people improve the energy efficiency of their homes, while reducing their electricity bills and carbon footprints.

Glenn Thibeault, Minister of Energy, was joined by Ted McMeekin, MPP for Ancaster–Dundas–Flamborough–Westdale in Hamilton today to launch the Affordability Fund.

The new $100 million fund will support the free installation of energy-saving LED light bulbs, power bars, improved insulation and energy-efficient air conditioners and refrigerators. “By providing electricity customers with tools to improve the energy efficiency of their homes, we’re helping reduce pressure on their pocketbooks and protecting the environment.” said Glenn Thibeault, Minister of Energy

The program is designed to help people who do not qualify for low-income conservation programs and who are unable to undertake energy efficiency improvements without support. Whether a customer rents or owns, or lives in a house or apartment, they may qualify. The different levels of support through the fund are based on people’s total household income and average electricity bill. Electricity bill savings for households participating in the program will depend on the types of measures installed.

For example, a home energy kit with two LED light bulbs and a power bar can help a household save about $10 on their annual electricity costs, while an energy efficient refrigerator can help save about $90 in annual electricity costs.

The Affordability Fund is administered by an independent trust, which includes representation from electricity distributors and community organizations. “On behalf of the Board of Trustees, I am pleased that the Affordability Fund is now operational and we are ready to assist individuals and families needing help with their electricity bills. We are looking forward to continuing to raise awareness about the Affordability Fund to reach people in need of assistance in order to improve their overall well-being.” said Michael Allen, Chair, Board of Trustees, Affordability Fund Trust

Visit the Affordability Fund website to find out if you’re eligible and how to apply.https://www.affordabilityfund.org/

&nbspphoto credit: wuestenigel Electric LED lights garlands via photopin (license)

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Pamela Vanmeer
Pamela Vanmeerhttps://www.kawartha411.ca/
Pamela VanMeer is a two time winner of the prestigious Radio Television Digital News Association (RTDNA) Award. Her investigative reports on abuse in Long Term Care Homes garnered international attention for the issue and won the Ron Laidlaw Award. She is a former reporter and anchor at CHEX News, now Global Peterborough and helped launch the New CHEX Daily, a daily half hour talk show. While at CHCH News in Hamilton she covered some of the biggest news stories of the day.

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