New equipment energy retrofit program launched in Ontario
Toronto - The Ontario Power Authority (OPA) has made updates to the saveONenergy Retrofit Program that provide additional financial incentives for Ontario businesses to reduce energy used by lighting, heating, ventilation and air conditioning...
Toronto – The Ontario Power Authority (OPA) has made updates to the saveONenergy Retrofit Program that provide additional financial incentives for Ontario businesses to reduce energy used by lighting, heating, ventilation and air conditioning (HVAC) systems, refrigeration systems and building plug loads.
Retrofitting outdated equipment provides cost savings and improves the efficiency of operational procedures and processes, according to the OPA. Eligible companies can receive financial incentives worth up to 50% of project costs towards modernizing current systems with high-efficiency equipment.
The saveONenergy For Business programs were developed collaboratively by Ontario’s local electric utility companies and the OPA to provide businesses with substantial financial incentives to encourage the replacement of existing equipment with energy-efficient equipment and new control systems.
“These financial incentives strengthen the business case for companies to upgrade or replace equipment with more energy efficient options,” said Andrew Pride, OPA vice-president of Conservation. “We expanded the program to help move energy efficiency projects higher on the list of priorities for Ontario businesses.”
Key update and new incentives released under the Retrofit Program include:
– New Prescriptive Lighting Measures. Receive incentives worth up to $638 per LED exterior area light qualifying for DLC Category 1 & 2, $59 per LED troffers light, $12 per LED A-shaped lamp and $20 per wet-location-rated LED PAR. Lights must be Energy Star qualified and fixtures must be certified by the DesignLights Consortium (DLC).
– New Prescriptive Incentives for Variable Frequency Drive and Variable Displacement Air Compressors. Replace old fixed-capacity air compressors with new variable frequency drive or variable displacement air compressors and receive up to $7,500 per compressor and $100 for each zero loss drain installed.
– New Engineered Worksheets for Compressed Air Systems. Incentives are provided at $800 per kilowatt or $0.10 per kilowatt-hour of energy savings from reducing system pressure, fixing leaks, installing refrigerated air dryers and zero loss drains.
– New Prescriptive Incentives for Commercial HVAC System Upgrades. Upgrade to ECM motors on HVAC fans and receive up to $0.10 per CFM of rated fan capacity.
New Prescriptive Incentives for Commercial Refrigeration Systems. Upgrade motors in refrigerator and freezer evaporator fans to ECM motors and receive up to $1,130 per motor. Upgrade to high efficiency refrigeration compressors and receive up $82 per compressor.
– Increased Agribusiness Incentives. Incentives have been increased for most agricultural focused incentives. Examples of the program updates include increased incentives of up to $2,000 to install high-volume, low-speed fans and up to $187 per high-efficiency exhaust fan installed.
For additional information including terms and conditions on the saveONenergy Retrofit Program or specific incentives, visit http://www.saveonenergy.ca/business or contact your local electric utility.