Industrial Energy Efficiency Program
“Ontario. Independent Electricity System Operator (IESO)”
The funder does not disclose this information
Maximum Eligible Amount
Government Grant
Fund Type
The IESO’s Save on Energy Industrial Energy Efficiency Program (IEEP) supports industrial customers across Ontario in improving their industrial processes and implementing system optimization projects. The program offers organizations up to $5 million in financial incentives for each large, complex industrial energy-efficiency project accepted into the program. Eligible projects will deliver electricity savings using proven commercial technologies to lower energy consumption and reduce electricity bills.
IEEP provides overall total funding of nearly $80 million to qualifying industrial participants over two competitive rounds of funding to be initiated in 2022 and 2023. In each round, participant applications will be ranked on the electricity savings their projects can achieve cost effectively, among other criteria. The organizations with the highest-ranked applications will be eligible to receive funding for their project(s).
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