If you are an industrial electricity user directly connected to the IESO controlled grid, you may be eligible for Ontario Power Authority’s new energy efficiency program, Industrial Accelerator.

Financial incentives

Fast track your capital investment in major energy efficiency and generation projects with incentives that significantly reduce your upfront investment by offering:

• Funding for preliminary and detailed engineering studies, and
• Project incentives for approved projects based on:
  • $230 per MWh for annualized electricity savings, or
  • 70% of eligible project costs, or
  • Achieving a one-year simple payback
• Project incentive maximum of $10 million

Key Benefits

Key benefits for participating in the Industrial Accelerator program:

• Increase the energy productivity of your facility
• Accelerate your return on energy efficiency projects
• Reduce electricity consumption and costs
• Advance your commitment to sustainability
• Build an energy-efficiency culture at all levels of your organization