Save on Energy – Industrial Energy Efficiency Program (IEEP)


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.


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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