Ontario expands energy rebate programs
New rebates and incentives for homeowners and businesses to reduce energy use.
Energy Minister Stephen Lecce says it includes expand the Home Renovation Savings Program to include $200 rebates to homeowners who purchase energy-efficient appliances.
“From laundry machines, dishwashers, stoves, fridges and freezers, we’re putting money back in your pockets ahead of the holidays, designed to incentivize economic growth, help support reduction of costs, and to create jobs for the people of Ontario,” says Lecce.
The program was first launched in January, providing homeowners with rebates for efficiency upgrades such as insulation, smart thermostats and rooftop solar.
The province says the program is on track to exceed its 2025 targets, with up to 685 gigawatt-hours in energy savings and 226 megawatts in peak demand reduction achieved as of June.
“Every Ontarian now can participate, benefit and save money,” says Lecce.
“We’ve launched a program that makes it realistic for everyday people to put some skin in the game, knowing that our government is going to be there to support them, saving upwards of thousands of dollars in the capital cost for this technology and, of course, realizing savings throughout the asset life as their bills are reduced.”
The province is also tripling the money available to businesses and industry to become more energy efficient.
The Save on Energy XLerate Program will increase the incentive from $5 million to $15 million per project.
“We’ve also broadened eligibility and we’ve created longer timelines to support early stage planning and implementation across a wider range of sectors responding to industry’s feedback,” says Associate Minister of Energy-Intensive Industries.
“This will support large-scale complex projects that deliver measurable energy savings using proven technologies.”
The program will also cover 50% of feasibility studies, up to $100,000, to help firms scope and develop eligible projects.