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Debt Retirement Charge (DRC) Exemption Certificate Business Name: DRC Registration # Business Address: Unit/Suite/etc Street Number Street Name Other postal information PO Box / Station / R.R. / etc

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What is debt retirement charge drc?

The debt retirement charge (DRC) is a fee that is added to the electricity bills of Ontario consumers. It was introduced to recover the residual stranded debt of the former Ontario Hydro.

Who is required to file debt retirement charge drc?

All electricity consumers in Ontario are required to pay the debt retirement charge (DRC) on their electricity bills.

How to fill out debt retirement charge drc?

The debt retirement charge (DRC) is automatically calculated and added to your electricity bill by your electricity distributor. There is no need for consumers to fill out any specific form for the DRC.

What is the purpose of debt retirement charge drc?

The purpose of the debt retirement charge (DRC) is to help retire the residual stranded debt of the former Ontario Hydro. It is used to pay off the debt and associated costs accumulated from the past activities of Ontario Hydro.

What information must be reported on debt retirement charge drc?

There is no specific information that consumers need to report for the debt retirement charge (DRC). The DRC is automatically calculated and added to the electricity bill by the electricity distributor.

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