The City of Toronto’s Hi-RIS program assists apartment building owners in making energy and water-saving improvements to their properties. This program offers financing with terms of up to 20 years at competitive fixed rates to three-story or more residential apartment buildings in Toronto.
This Program provides one-time incentives of $0.10 per m3 of natural gas saved, up to $100,000 to commercial businesses for implementing any number of energy-saving measures. Higher efficiency boilers, higher efficiency combination water and space heating systems, better building controls, water conservation, and efficient make-up air and ventilation (including ENERGY STAR) are all eligible measures.
Participants will gain a better understanding of key energy drivers as a result of this Program, allowing them to shape their energy goals and develop the appropriate strategy. The emphasis and financial support are concentrated on five major components:
This Program encourages whole-building energy performance improvements by offering incentives of up to four cents per kilowatt-hour ($0.04/kWh) of savings per year for up to four years. This pay-for-performance model rewards participants who can implement behavioral and operational changes alongside capital investment projects to achieve and grow energy savings over time. It offers a variety of services.
This Program provides financial incentives to businesses for implementing energy-efficient measures in their facilities. To suit the intended retrofit project, prescriptive, engineered, and custom track applications are available. Among the incentives are:
Local electric utilities offer the saveONenergy programs, which are funded by the Independent Electricity System Operator.
Community-based or not-for-profit organizations in Toronto are eligible for a low-interest loan to cover up to 100 percent of the cost of their energy retrofit project. The following are examples of typical retrofit measures:
All Toronto buildings are eligible, including the following:
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