News and Insights

Ontario Debt Retirement Charge Guide 101, “Debt Retirement Charge – General Information”

Tax Development Aug 22, 2009

The province has updated this guide which provides an overview of the Debt Retirement Charge (DRC) program. DRC is payable on electricity consumed in Ontario and is paid by most electricity users in Ontario. All distributors and retailers required to be licensed by the Ontario Energy Board are required to register as DRC collectors before selling or supplying electricity. In addition, persons selling or supplying electricity to a user, or who consume or supply self-generated electricity, may be required to register as DRC collectors. More information on the DRC program can be found on the Debt Retirement Publications web page at: DRC Publications