Isn't it great when you can buy something with a discount? Well, heating and cooling systems are no different! The government of Ontario is offering huge incentives for business's who are interested in upgrading their HVAC systems, some are up to 70% of your capital costs.
There are 3 major incentive programs currently in place for heating and cooling systems: Retrofit, Audit Funding, and Process & Systems. Each of these pertains to a different part of your business, so let's take a look at each individually.
If your heating/cooling systems are of an older variety, they may not deliver the same energy efficiency as modern solutions. Retrofitting is the process of updating these older systems to benefit from improved technology. These changes affect both your bottom line as well as the quality of operation.
The government of Ontario offers up to 50% discounts on retrofits that qualify.
Sometimes you need to diagnose issues before you can solve them. This task becomes increasingly more difficult (and expensive!) as the size of your system increases. An incentive program currently exists that allows you to claim up to 50% off your audit prices. The audit must pertain to assessing the potential for energy savings through replacing equipment, operating practices, or Demand Response initiatives.
This type of incentive applies mostly to Industrial and Institutional buildings that have large, complex systems running. If you are considering launching a new energy efficiency project, there are incentives of up to 70% that can help with the identification, implementation, and validation steps. The program requires a minimum capacity on the electrical grid to be considered, as such it is best for larger clients.
If your business has opportunities to upgrade older systems, now is one of the best times in history to do it. The government is urging companies to adopt energy-efficient and cost-effective solutions across the board. Take advantage of one of these offers by getting in touch with us here at Ambient Mechanical; we can help you through the process from start to finish.
For more information on these and other energy incentives, please visit https://saveonenergy.ca/Business.aspx
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