New and Expanded Programs for Homeowners and Businesses
Save on Energy with Ontario’s Largest Efficiency Investment Yet
Our government is making Ontario’s biggest commitment to energy efficiency ever, with a $10.9 billion, 12-year investment aimed at helping residents and businesses save money while promoting sustainability. This historic initiative includes over $1 billion in energy-efficiency programs, which will deliver annual electricity savings equivalent to powering 130,000 homes and reduce greenhouse gas emissions by three million tonnes, the same as removing 600,000 vehicles from the road for a year.
New and Expanded Programs for Homeowners and Businesses
1. Home Renovation Savings Program
Launching in January 2025, this program offers homeowners rebates of up to 30% for energy-efficient home improvements, including:
- New windows and doors
- Insulation and air sealing
- Smart thermostats
- Heat pumps
- Rooftop solar panels and battery storage systems
Later in 2025, the program will also include rebates for energy-efficient appliances like refrigerators and freezers.
2. Peak Perks Program
This initiative incentivizes homeowners and small businesses to reduce energy use during peak periods. Participants can receive:
- $75 in virtual prepaid credit for each eligible smart thermostat connected to a central air conditioning or heat pump system
- An additional $20 per year for ongoing participation
3. Residential Demand Response Program
Homeowners with smart thermostats and central air conditioning or heat pumps can participate in this voluntary program to reduce energy consumption during peak periods and earn additional savings.
4. Energy Affordability Program
Designed to help low-income residents, this program provides free energy-saving upgrades, including essential appliances like refrigerators and air conditioners, to help lower monthly utility bills.
5. Support for Greenhouse Growers
Greenhouse operators in Southwest Ontario can access targeted assistance for energy-efficient upgrades, helping to address local electricity system constraints and support economic growth.
6. Enhanced Support for Institutions
Additional funding is available for businesses, municipalities, schools, and hospitals to implement energy-saving projects that reduce costs and consumption.
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