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Savings, Rebates, & Loans

Residential

Savings & Rebates

Loans & Financing

  • Affordable Energy Program
    Qualifying lower income households can become more energy efficient. Financing and free upgrades available.
  • Earth Power Loan
    • Geothermal Heat Pumps
      Borrow up to $20,000 with a maximum term of 15 years. Interest rate of 4.9 per cent (initial 5-year fixed term). Available for new installations and retrofits.
    • Solar Water Heaters
      Borrow up to $7,500 per residence; minimum loan is $500 and no down payment is required. Maximum term is 15 years. Interest rate is 4.9 per cent (for the initial 5-year fixed term).
  • Energy Finance Plan Loan
    Borrow up to $5,000. Interest rate of 6.75 per cent, with a maximum term of 5 years; minimum loan is $500 and no down payment is required.
  • PAYS Financing
    Extended term financing for energy efficiency upgrades.
  • Power Smart Residential Loan
    Annual interest rate of 4.8 per cent (O.A.C.) and requires no down payment. The maximum term is 60 months (180 months for natural gas furnaces), and the minimum monthly payment is $15.

Commercial

  • Building Envelope
    Upgrade your building's envelope, including air barriers, insulation, and windows, to reduce air leaks, and heating and cooling loads.
  • Building Optimization
    Identify energy conservation opportunities with short payback periods, which will help return commercial buildings to their top intended performance.
  • Custom Measures
    Electrical and natural gas savings and measures custom-designed for commercial buildings.
  • Geothermal Heat Pump Systems
    Cut your heating, cooling, and water heating costs and increase comfort with energy efficient and environmentally friendly geothermal heat pumps.
  • HVAC
    Reduce maintenance and operating costs through the use of energy efficient heating, ventilation, and cooling systems.
  • Kitchen Appliances
    Get a free low-flow spray valve and free installation. Upgrade your commercial steamers and fryers to qualify for rebates.
  • Lighting
    Tips and incentives to install the most appropriate energy efficient lighting in new construction and renovation projects.
  • Network Energy Management Program
    Rebate available for eligible software programs that manage personal computer energy use.
  • New Buildings Program
    Design, build and operate your new building to Power Smart standards; we offer technical guidance and financial incentives.
  • PAYS Financing
    Extended term financing for energy efficiency upgrades.
  • Recreation Facilities
    Work towards reducing your facility's operating costs by completing our survey. We'll review and provide you a report that includes potential energy saving measures.
  • Refrigeration
    More than 15 different incentives for retail stores and restaurants to make energy efficient equipment upgrades.
  • Religious Buildings
    Through an assessment and financial support, find out how you can reduce your energy costs.
  • Water & Energy Saver Program
    Free water and energy-saving devices and installation are available for multi-unit residential buildings. Save water, energy, and money on your water heating bill.

Industrial

  • Bioenergy Optimization Program
    Convert your company's waste streams and by-products into fuel that produces useful heat and power.
  • Performance Optimization Program
    Increased energy efficiency through the optimization of electro-technology processes and motor-drive systems. Technical support and financial incentives are offered for feasibility studies as well as implementation.
  • Natural Gas Optimization Program
    This custom program promotes energy efficiency through the optimization of process related natural gas-fired equipment and systems. Technical support and financial incentives are offered for feasibility studies as well as implementation.
  • Energy Efficiency Screening Studies
    These studies are offered to industrial facilities at no cost to address energy efficiency potential and to identify Power Smart saving opportunities. Power Smart Lean is an additional service offered to companies who have adopted lean manufacturing principles.
  • Engineering Studies
    • Eco-Efficiency Solutions
      Make improvements that will lead to enhanced productivity by accessing the technical expertise and financial assistance under this program.
    • Lighting Studies
      Work with an expert to identify energy saving opportunities and productivity improvements associated with lighting.