Ontario extending and revising Northern Industrial Electricity Rate program
December 14, 2012 - Ontario says it intends to extend and revise the Northern Industrial Electricity Rate (NIER) program for three years to “support continued growth and development in northern resource and manufacturing sectors”.
December 14, 2012 By Anthony Capkun
“The NIER program helps lower costs and increase energy efficiency for some of Northern Ontario’s major resource sector producers and employers, helping sustain well-paying jobs, helping reduce environmental impacts and boosting investment in our North,” said Rick Bartolucci, minister of northern development and mines.
The NIER program is available to facilities that consume 50,000 MWh of electricity per year, says the government, and can reduce industrial electricity prices up to 25%. Participants are required to develop and implement an energy management plan to manage their energy usage and reduce costs. Current NIER participants would be subject to revised program rules and amended program agreements.
“NIER has assisted mineral producers in their efforts to better manage energy expenditures and institute energy management plans,” said Chris Hodgson, president of the Ontario Mining Association.
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