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Why Ontario offers rebates for retrofitting upgrades?
The Ontario Power Authority, charged with managing Ontario's electricity requirements, has concluded that to keep up with rising electricity demands in the province, it shall reward to invest in energy efficiency upgrades.
In fact, for every $1 the province spends on energy conservation, it saves $2 on infrastructure costs. In that sense, the rebates are an investment in the province's grid and a way to keep rates down in the long run - though this last point may be up for debate!
How are IESO rebates calculated?
Since their intent is to encourage energy conservation, rebates are entirely based on how much energy the efficiency upgrade is going to save.
Though there are standard calculations for most retrofits, whether based on a particular fixture, bulb, location or hours of operation, it often gets a lot more complicated when we introduce controls and change usage patterns.
Our complementary lighting assessment will include rebate estimates for the options and scenarios we recommend.