Save on Energy Launches Local Energy-Efficiency Program for Businesses in Targeted Area of Toronto
October 19, 2022
The BizEnergySaver program will help owners and operators of industrial, commercial, institutional, and multi-unit residential buildings reduce their electricity consumption.
Energy efficiency is one of the most cost-effective resources to meet electricity system needs with both immediate and long-term benefits. That’s why the Independent Electricity System Operator (IESO) is launching the Save on Energy BizEnergySaver program to help local industrial, commercial, institutional, as well as multi-unit residential building owners and operators, make equipment improvements to reduce their energy consumption.
BizEnergySaver will deliver electricity and peak demand savings in a targeted area of Toronto with identified transmission system needs. Energy-efficiency programs like BizEnergySaver help consumers save money while reducing demand on the grid, which can defer or delay the need for investments in new electricity infrastructure.
The program, delivered in collaboration with Toronto Hydro, addresses local electricity system constraints in the Richview South area of Toronto—central and west Toronto and parts of southern Etobicoke—by offering eligible participants free assessments and instant discounts on installations of common area lighting system upgrades, variable frequency drives for pump systems and make-up air units, and garage exhaust fan controls.
“Communities across Ontario continue to grow and to decarbonize, which means more electricity will be required to support the regions where we live, work, and play,” says Chuck Farmer, Vice President, Planning Conservation and Resource Adequacy, IESO. “For every dollar invested in energy efficiency, Ontario avoids the need for additional investments and costs to the electricity system to create more supply”.
To be eligible for BizEnergySaver:
- Participants must be business customers of Toronto Hydro
- Participants must have authority to have the equipment installed by either owning the facility or having the owner’s permission
- The first three digits of the facility’s postal code must be located in the following areas:
About the Independent Electricity System Operator
The IESO operates Ontario’s power grid 24 hours a day, 365 days a year, ensuring Ontarians receive a reliable and cost-effective source of power when and where they need it. The IESO works with sector partners and engages with communities across Ontario to plan and prepare for the province’s electricity needs now and into the future. Through Save on Energy, the IESO offers programs and incentives to help individuals and businesses use energy more wisely.
IESO Media Relations