The Ontario Electricity Rebate (“OER”) provides eligible customers with a 19.3% reduction on the amount of their bill before HST (O. Reg 363/16), as of November 1, 2023.
- Sole proprietor - GST/HST registered
- Room in home used exclusively for business
- Invoice from utility company has Ontario Electricity Rebate
T2125 under Calculating business-use-of-home I inputted:
- area used for business
- total area of home
For Electricity - entered invoice amount less Ontario Electricity Rebate.
Is this how others have accounted for electricty bills with the Ontario Electricity Rebate?