Move your large-scale process and system energy efficiency project forward with Save on Energy Process & Systems Project Incentives.
Process and Systems Upgrades program update
The Process and Systems Upgrades program will be delivered directly by the Independent Electricity System Operator (IESO) rather than through your local hydro company beginning April 1, 2019. Further updates to the program will be announced in the coming weeks.
If you have a complex upgrade project at your facility, you can gain up to 70 per cent of costs back through project incentives.
Project incentives are available for a variety of energy-saving projects. Whether you are installing variable frequency drives on your motors, generating electricity from waste energy recovery or redesigning your entire system, there is an incentive available.
Project incentive comparison
Project incentives are designed for very large process and system energy efficiency projects. The following table compares Process & Systems Project Incentives to Retrofit program incentives.
The lesser of:
Up to 70 per cent of project costs
$200 per MWh of annual electricity savings
The lesser of:
Up to 50 per cent of project costs for Custom projects
$100 per MWh of annual savings for non-lighting projects
Measurement and Verification (M&V) terms
Less than one year
A) Advance payment: 50 per cent paid upon approval; balance after project completion and M&V.
B) Deferred payment: Payments are made after project completion and M&V.
Payment is made after any applicable M&V has been completed in addition to Retrofit program payment requirements.
To be eligible for project incentives, your organization must operate a single facility that is connected to a local hydro company distribution network. The proposed project must be in service before December 31, 2020 and provide annualized electricity savings of more than 300 MWh.
Please note that the following projects do not qualify for project incentives unless otherwise approved in writing by the IESO: lighting, demand response or fuel-switching projects.