Northern Industrial Electricity Rate Program
The Northern Industrial Electricity Rate (NIER) Program assists Northern Ontario’s largest industrial electricity consumers to reduce energy costs, sustain jobs and maintain global competitiveness. The NIER program is part of the government's plan to strengthen the economy and support a dynamic and innovative business climate that attracts investment and helps create jobs.
NIER program participants receive a rebate of two cents per kilowatt hour, with individual rebates capped at 2011-12 consumption levels, or $20 million per year per company – whichever is lower. On average, industrial electricity prices can be reduced by up to 25 per cent through the program.
Participants are required to develop and implement an energy management plan to manage their energy usage and reduce costs.
In April 2015 the Ontario government announced that it has committed support for an ongoing Northern Industrial Electricity Rate (NIER) program with continued investment of up to $120 million annually. Since that time, the Ministry of Northern Development and Mines (MNDM) has been actively undertaking a comprehensive review of the existing program to ensure that the extended program will continue to meet the needs of large industrials in Northern Ontario and the Province.
The Ontario Government has decided to extend the existing NIER Program for one additional year (April 1, 2016 – March 31, 2017) to allow for additional time to thoroughly develop the ongoing NIER Program.
Who Can Participate?
The 2016/17 extension of the Extended Northern Industrial Electricity Rate (NIER) Program is open to current participants (those participants who were enrolled in the program from 2013 to 2016 and entered into a NIER Program Agreement prior to March 31, 2016.
The NIER program is now accepting applications for participation. These will be considered and evaluated in the order in which they are received if sufficient program funding becomes available (>$1M).
Please see the NIER - Program Rules and the NIER – Application Form for further details on program requirements, eligibility criteria and the application process.
Do You Have Questions?
Talk to one of our northern development professionals. They live and work in communities across Northern Ontario. They understand your needs.