Incentive Programs
Energy Conservation Is Driving The Air Conditioning Market
Conservation and demand management are the new mantra for all levels of government responsible for providing stable, reliable energy supply. In Ontario, responsibility for strategic energy planning and management lies with the Ontario Power Authority (OPA).
OPA in partnership with other stakeholders have developed and introduced a number of incentive programs to encourage businesses to achieve two key goals:
- 1) reduce peak load energy demand and shift consumption to off-peak times, and
2) reducing overall energy consumption
Off-peak cooling solutions, using Thermal Energy Storage, deliver significant peak-load shifting as well as overall consumption savings.
Current Incentives:
For details click on the program headings below.
Electricity Retrofit Incentive Program (ERIP)
- focuses on overall electricity systems including HVAC
- starting at $250 per kW reduction in summer on-peak demand
Hydro Ottawa PowerWISE Program
- starting at $150 per kW reduction in on-peak demand
BOMA Toronto CDM Program
- $800 per kW reduction in summer on-peak demand
- $0.05 per kW hour of annual energy savings
Hydro One PowerSaver Business Program
- starting at $150-$250 per kW reduction in on-peak demand
Note - incentive program details can change without notice. While ICT makes every attempt to maintain accurate information on this page we recommend you check your Local Distribution Company (utility) for current program details and availability of additional incentive programs.
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