Electricity discount program applicable to consumers billed at Rate L

Follow-up document and audited report

The discount is payable following the production of an audited report. The report can be submitted no earlier than six months after the confirmation of the project’s eligibility or when the investments completed reach 25% of the eligible costs or exceed 50% of the annual electricity cost. An audited report must be submitted subsequently with each additional segment of 25% of expenses incurred or annually on the anniversary date of the discount, with the exception of the final report, which may deal with a lesser amount.

  • For example, a business that received an electricity discount eligibility certificate in January 2019 with eligible costs of $10 million can submit an audited report when the investments completed in its projects reach $2.5 million or in July 2019.

A follow-up document pertaining to the investment projects must be submitted at the same time as the audited report produced by an accountant outside the business (the auditor).

  • The auditor must verify the capitalized costs for the period covered by the follow-up document in respect of the investment projects.

A final document must be produced showing the project results by program objective or, if applicable, justifying why the projects were not competed.

The business will bear the cost of the audit and be responsible for it. It will assume the costs and must, in particular, select the auditor.

In the case of applications in respect of which the investments are made in other currencies, the conversion to Canadian currency must be submitted in an appendix to the follow-up document in respect of the investment projects.

Application form

Download and complete the French official form:

To help you, an English courtesy version of the form is available:

Follow-up document and audited report