The government of the Canadian province of Ontario will launch an energy rebate program later this month, offering up to 30% off the cost of residential rooftop solar panels, heat pumps and residential battery storage.
The government of Ontario, Canadalaunches a new discount scheme for renovations and improvements to the energy efficiency of homes.
The Home Renovation Savings Program, which launches on January 28, will cover up to 30% of the cost of new heat pumps, rooftop solar panels and battery storage, as well as new windows, doors and insulation.
Later this year, the program will be expanded to include rebates for energy-efficient appliances, including refrigerators and freezers.
The program is part of a 12-year, CAD10.9 billion ($7.6 billion) investment package in energy efficiency, which the provincial government says is the largest investment package in Canadian history.
Other measures include expanding the Peak Perks program, which gives small businesses a virtual prepaid credit card for each eligible smart thermostat connected to a central air conditioning system or heat pump, as well as an additional amount for each additional year in the program.
A business retrofit program, which provides incentives to upgrade energy-efficient equipment, will also continue, as will other programs targeting low-income households, businesses, municipalities, institutions, the agricultural sector, industry and on-reserve First Nations communities . .
The Ontario government predicts that expanding its energy efficiency programs will reduce peak demand in the province by 3 GW by 2036, the equivalent of taking three million homes off the grid.
In September, Ontario announced plans for a large-scale competitive energy supply tender exercise consisting of new solar, bioenergy and wind projects.
The provincial government commissioned the area’s Independent Electricity System Operator (IESO), which has recommended purchasing about 5 GW of new electricity sources by 2034, to finalize a design framework.
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