Save on Energy – Industrial Energy Efficiency Program (IEEP)

Description:

IESO’s Save on Energy Industrial Energy Efficiency Program (IEEP) supports industrial customers across Ontario in improving their industrial processes and implementing system optimization projects. The program offers organizations up to $5 million in financial incentives for each large, complex industrial energy-efficiency project accepted into the program.

Comments on Funding:

Funding is up to $5,000,000.

Eligibility:

Applicants must:

  • be owners and/or operators of an industrial facility located in Ontario;
  • be third-party applicants with the authority to implement a project at an industrial facility located in Ontario;
  • have the following eligible projects:
    a) involving an energy-efficiency improvement applied to, or in support of, an industrial process;
    b) proposing a minimum electricity savings of 2,000 MWh per year (which must represent a reduction of at least 15 per cent of the baseline electricity use of the relevant industrial process);
    c) using technology that is commercially available and not excluded by the program eligibility rules.

Applications Steps:

Documentation Needed:

Applicants must submit the completed Application Form and the Program Declaration Form.

Other Things to Note:

Applicants are now accepted for Round 2 and will close on August 15, 2023. Funding for Round 2 projects will be awarded in late 2023.

Program Contact:

Industrial Energy Efficiency Program | Save on Energy

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