Ontario’s population and economy are growing, and as the province moves away from fossil fuels for heating and transportation, electricity demand is expected to increase by 75% by 2050. To meet this rising demand, Ontario has committed $10.9 billion over 12 years to energy efficiency. This includes bringing back incentives for residential electricity customers that were previously cancelled.
Starting this month, a new three-year program cycle has increased funding to help residential, commercial, industrial, and institutional energy users save energy and money.
Home Renovation Savings Program
This program offers rebates for home improvements and energy-efficient upgrades. Here’s what you can get:
- Up to $5,000 for rooftop solar panels
- Up to $5,000 for battery storage systems
- Up to $7,500 for a cold climate air-source heat pump
- Up to $12,000 for a ground-source heat pump
- $500 for a heat pump water heater
- $600 for a home energy assessment
- $100 per new window or door
- Up to $8,900 for insulation
- Up to $250 for air sealing
- $75 for a smart thermostat
In 2025, the program will expand to include rebates for energy-efficient appliances, like refrigerators and freezers (rebate amounts will be announced later).
Support for Businesses and Institutions
For non-residential customers, new incentives are being introduced to support energy-saving initiatives, such as:
- Solar energy systems for distributed energy resources (DER)
- Energy management support for industrial facilities
- Smart thermostats for small businesses
- Cooling systems for data centers