Show Me the Green

  • Province Grants
    • Ontario Renovation Grants
    • Ontario Energy Rebates
    • Alberta Renovation Grants
    • B.C. Renovation Grants
    • Manitoba Renovation Grants
    • Saskatchewan Renovation Grants
    • Nova Scotia Renovation Grants
  • Audience Grants
    • Canadian Seniors Homeowner Grants
    • Canadian Government Grants for Disabled Homeowners
    • First Time Home Buyer Grants Ontario
    • First Time Home Buyer Tax Credit
    • Down Payment Assistance Ontario
    • Ontario Renovates Program
    • First Time Home Buyer BC
    • First Time Home Buyer Alberta
  • Utility Rebates
    • BC Hydro Rebates
    • Fortis Rebates
    • Union Gas Rebates
    • Enbridge Rebates
    • Save On Energy Coupons, Rebates & Incentives
    • Hydro One Assistance Programs
    • Manitoba Hydro Rebates
    • Efficiency PEI Rebates
    • Newfoundland Power Rebate
  • Renovation Grants
    • Government Grants for Windows
    • Canadian Furnace Rebates
    • Insulation Rebates
    • Toilet Rebates
    • Home Energy Audit Ontario
    • Ontario Renovates Program
    • Secondary Suites & Granny Flats
  • Blog
You are here: Home / Home / Home Improvement (Grants/Rebates) / Ontario Energy and Property Tax Credit

Ontario Energy and Property Tax Credit

Ontario Energy and Property Tax Credit

The Ontario Energy and Property Tax Credit is a personal tax credit funded by the Province of Ontario and implemented to help individuals with low- to moderate-income with the sales tax on energy as well as their property taxes.

The Ontario Energy and Property Tax Credit is one of the three credits that make up the Ontario Trillium Benefit. 

Ontario Energy and Property Tax Credit

Eligibility

Please click here to confirm your eligibility.

You must fulfill the following requirements to qualify for the Ontario Energy and Property Tax Credit:

The Ontario Energy and Property Tax Credit becomes available for the next year if you live in Ontario as of December 31 of the current year and:

  • you live in a designated college, university, or private student residence,
  • you pay rent or property tax for your primary residence for the current year,
  • you live in a long-term care home, or
  • you live on a reserve and you pay (or someone pays for you) the home energy costs for your primary residence on the reserve for the current year, and
  • as of the first day of the payment month, you reside in Ontario and you are at least 18 years old or have previously had a common-law partner, spouse or a parent currently living or previously lived with your child.

The credit amount is based on:

  • How much property tax or rent you paid for your primary residence in Ontario for the year.
  • The energy costs paid for your primary residence on a reserve in Ontario,
  • or the accommodation costs you paid for living in a public long-term care home in Ontario.

grant seniors

To Get This Grant

You must complete the ON-BEN Application for the Ontario Trillium Benefit on your personal tax return.

CRA My Account holders can use the “Benefits and Credits” tab of the online portal to view amounts and payment dates.

Your Ontario Energy and Property Tax Credit payments will be issued as part of the Ontario Trillium Benefit, usually on the 10th of every month starting on July 10 of the current year.

Note: If your credit is $360 or more, you can choose to either

  • receive payments monthly or
  • a single lump-sum payment.

Your choice is important as the timing of the payments varies greatly.

For example, if you choose the monthly payment option and your 2017 tax return yields a $480 OTB credit; you will receive twelve $40 payments beginning in July this year. On the other hand, choosing the single payment option means you get the entire $480 in June of 2019.

If you are eligible for the Ontario Energy and Property Tax Credit, you could also be eligible for the Ontario sales tax credit and Northern Ontario energy credit.

COMPLEMENTARY GRANTS

Complementary Grant 

Ontario Sales Tax Credit

This program offers a tax-free payment designed to help low income and moderate-income residents of Ontario with their sales tax.

The CRA automatically determines your eligibility or ineligibility for OSTC based on the information from your income tax and benefit return.

Northern Ontario Energy Credit

This program helps low income and moderate income residents of Northern Ontario with the higher costs of energy they have to pay as a result of living in the north.

Additional Information

Territory/Province: OntarioEnd Date: Ongoing

For more information visit: https://www.canada.ca/en/revenue-agency/services/child-family-benefits/provincial-territorial-programs/province-ontario.html#ptc 

Related Posts:

  • Canadian Furnace Rebates: 92 Rebates + Tips to Extend Your Furnace Life
    Canadian Furnace Rebates: 92 Rebates + Tips to Extend Your…
  • Insulation Rebates: 33 Canadian Insulation Grants to Help You Stay Warm and Save Money!
    Insulation Rebates: 33 Canadian Insulation Grants to Help…
  • Canadian Seniors Homeowner Grants: Over 100 Grants, Rebates & Tax Credits!
    Canadian Seniors Homeowner Grants: Over 100 Grants, Rebates…
  • 26 Toilet Rebate Programs Across Canada (Don’t Flush Your Money Down the…You Know!)
    26 Toilet Rebate Programs Across Canada (Don’t Flush Your…
  • Ontario Renovation Grants: 82 Government Grants, Energy Rebates & Tax Credits for Ontario Homeowners
    Ontario Renovation Grants: 82 Government Grants, Energy…
  • Canadian Government Grants for Disabled Homeowners: Nearly 100 Grants for Home Renovations
    Canadian Government Grants for Disabled Homeowners: Nearly…

Filed Under: Home Improvement (Grants/Rebates)

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts:

  • Canadian Furnace Rebates: 92 Rebates + Tips to Extend Your…
    Canadian Furnace Rebates: 92 Rebates + Tips to Extend Your Furnace Life
  • Insulation Rebates: 33 Canadian Insulation Grants to Help…
    Insulation Rebates: 33 Canadian Insulation Grants to Help You Stay Warm and Save Money!
  • Canadian Seniors Homeowner Grants: Over 100 Grants, Rebates…
    Canadian Seniors Homeowner Grants: Over 100 Grants, Rebates & Tax Credits!

Recent Posts

Best Grants for Artists in Canada

Best Grants for Artists in Canada

Best Grants and Funding for Nonprofits in Canada

Best Grants and Funding for Non-profits in Canada

Why and how to clean bathroom fan?

Best Grants for Education

Best Grants for Education

Best Grants for Female Entrepreneurs

Best Business Grants for Women Entrepreneurs

Best Grants for Charities

Best Grants Support and Funding for Charities in Canada

Archives

Popular Topics

British Columbia Burglary Businesses Business Funding Calgary Calgary business Canada Canadian Grants Circuit Breaker Claim climate change Commercial Environmental Commercial Environmental Rebates Community Foundation Grants Cyber-Attacks Dust E-Bikes Economy Energy energy saving Environment Evil Eye Flooding Global Warming Government Announces Home Home Improvements Home Insurance Homeowners Homeowners Association Insurance Intruders Kitchen Fire Nest Protect Ontario Ontario Francophone Pollution Quebec City Rebate Red Deer Grants School Program Secondhand Smoke seniors Tax Wildfires

Copyright © 2022

  • Home
  • Blog
  • About Us
  • Contact
  • [email protected]