Ontario Quickly Passes ´Green Energy Act´ With Some Interesting Revisions

Ontario's Green Energy and Green Economy Act, 2009 passed Third Reading on May 14th, just 80 days after it was first tabled in the Legislature. We expect the regulations, policies and Ministerial Directives, which are necessary to implement a number of the legislative provisions, will be unveiled soon. For a full, clause-by-clause summary of the original Bill 150, please click here http://www.ontla.on.ca/web/bills/bills_detail.do?locale=en&BillID=2145&detailPage=bills_detail_th e_b

The government has opted for "mandatory home efficiency disclosure" instead of mandatory home energy audits for those attempting to sell or lease prescribed properties. A purchaser of residential property will now have the right to obtain "such information, reports or ratings as are prescribed, relating to energy consumption and efficiency" before the seller can accept their offer. The purchaser may, in writing, waive this right.