We recently spoke to some managers about legal updates related to laws applicable to condominiums, other than the Condominium Act, 1998. One being the Electricity Act, 1998, and specifically Ontario Regulation 506/18, which outlines the reporting obligations related to energy consumption and water use. There were questions about the “who, what, where, why and when”, so this post is intended to provide a very brief overview of the basics on a condominium’s obligation to report its electricity consumption and water usage.
Condominiums with a) 10 or more units; and, b) at least 50,000 square feet of gross floor area, must comply with the reporting obligations set out in Regulation noted above. Continue reading