Amount:

No Fixed Amount

Type of Program:

Grant


Description:

Energy Performance Program provides customers with commercial & institutional facilities located the Province of Ontario with the opportunity to receive energy efficiency incentives on a pay -for-performance basis. The Program provides financial incentives through a multi-year, pay-for-performance incentive structure for lasting operational and maintenance energy efficiency measures and equipment retrofits.

Comments on Funding:

Participants receive:

  • $0.04/kWh multiplied by the electricity savings realized with the annual incentive capped at 20% of the facility baseline energy use.
  • $50/kW multiplied by the summer peak demand savings realized with the annual incentive capped at 20% of the facility baseline summer peak demand. This is a performance incentive based on summer peak demand savings determined by comparing metered consumption to their baseline energy model.

When It Ends:

Ongoing

Deadline:

October 15, 2024

Eligibility:

Applicants must:

  • be owners and/or operators of commercial, institutional, or industrial facilities located in Ontario;
  • commit to participate for three years and commit to realize a minimum of five percent energy savings per facility within two years;
  • have hourly meter data available for their building for at least 12 months;
  • have a minimum annual consumption of 1,500,000 kWh per building (or group of up to five buildings aggregated into a single baseline energy model);
  • have the required rights and authority to have the Eligible Measures installed at a Facility; and
  • not be Insolvent.

Applications Steps:

1

complete and sign the Energy Performance Program Agreement and the Application Form;

2

complete one Facility Application Form for each Facility to be enrolled, or each group of up to five facilities, to be enrolled;

3

generate baseline energy models for each facility application as described in the M&V Procedures;

4

submit all completed documents to energyperformanceprogram@ieso.ca.

Documentation Needed:

Applicants must:

  • Complete and sign the Energy Performance Program Agreement and the Application Form
  • Complete one Facility Application Form for each facility to be enrolled.
  • Submit a baseline energy model for each facility application as described in the program's M&V Procedures and validated using the Baseline Energy Model Validation Reports Tool,
  • Submit a Savings Report for each facility to receive the payments. This report needs to be completed annually, no later than 60 days following the expiration of each pay-for-performance period.

Other Things to Note:

  1. 1
    Subject to the terms of the Agreement, the Program is anticipated to last until December 31, 2027 and Participants may add new Facilities until October 15, 2024. Each Facility enrolled in the Program will be eligible to participate in three Pay-for-Performance Periods; however, the Participant must realize the Minimum Savings by the end of the second Pay-for-Performance Period.
  2. 2
    Three years of annual pay-for-performance incentives are available for multi-site and single-site facilities for applications approved by December 31, 2024.
  3. 3
    Facilities that have participated in the Energy Performance Program in the past have achieved an average overall electricity saving of 6.5%.

About the author 

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business.
Click here to learn more about Moe's background and how he can help your business.

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