saveONenergy's Retrofit Program Launches Updates to Help Businesses Cut Costs
Eligible Companies Can Receive Financial Incentives Worth up to 50 Percent of Project Costs
TORONTO — The Ontario Power Authority (OPA) has announced updates to the saveONenergy Retrofit Program that provide additional financial incentives for Ontario businesses to reduce energy used by lighting, HVAC systems, refrigeration systems, and building plug loads.
Retrofitting outdated equipment provides cost savings and improves the efficiency of operational procedures and processes. Eligible companies can receive financial incentives worth up to 50 percent of project costs towards modernizing current systems with high-efficiency equipment.
New incentives include:
• 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 for compressors and $100 per zero loss drain.
• New Engineered Worksheets for Compressed Air Systems
Incentives are provided at $800 per kilowatt hour or $0.10 per kilowatt 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
Install hotel suite occupancy controls for HVAC and lighting systems and receive up to $67 per controller.
Upgrade to ECM motors on HVAC fans and receive up to $0.10 per cfm of rated fan capacity.
• New Prescriptive Incentives for Reducing Commercial Building Plug Loads
Receive incentives for Energy Star® rated ice machines of up to $188 per machine.
Install motion sensor activated vending machine controls and receive up to $193 per vending machine control.
• New Prescriptive Incentives for Commercial Refrigeration Systems
Upgrade to Energy Star freezers and receive up to $672 per freezer.
Upgrade to Energy Star refrigerators and receive up to $121 per refrigerator.
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.
For additional information including terms and conditions on the saveONenergy Retrofit Program or specific incentives, visit www.saveonenergy.ca/business.
Publication date: 10/27/2014