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Toronto Hydro BIP | BOMA Toronto CDM | ERIP Program | ecoENERGY Commercial | Benefits of Upgrading Your Building

Toronto Hydro Business Incentive Program

Your building may qualify for up to 50% of your project's capital costs under Toronto Hydro's Business Incentive Program (BIP). Other buildings have already been awarded anywhere from $1,350 to $60,000 in financial incentives.

Eligibility

Your building must be approximately 25,000 sq. ft. or smaller
AND an existing building that is privately held or leased
AND located in the 416 area code or postal code starting with "M" – within the GTA (Greater Toronto Area)

Eligible Buildings

  • Office Buildings
  • Hotels
  • Retail Stores
  • Mixed use
  • Restaurants
  • Grocery Stores
  • Convenience Stores
  • Commercial Areas

Examples of Eligible Measures

Building Automation Systems, Lighting Retrofits, Lighting Controls, Building Envelope, HVAC Redesign, Chiller Replacement, Elevator Modernization, Equipment Replacement, Fuel Substitution, Ground Source Heat Pumps, Tenant Sub-Metering, Deep Lake Water Cooling, Variable Speed Drives, Power Conditioning, Transformer Replacement.

Sample Case Study

Total Project Cost: $7,274
BIP Incentive: -$2,638
Incentive Rate (%): 36% of total project cost
Peak Demand Reduction (kW): 8.9
Annual Electricity Cost Savings: $2,955
Simple Payback (Yrs): 2.5
Simple Payback (With BIP Incentive) (Yrs): 1.6
TORONTO HYDRO BIP PROGRAM ENDS: DECEMBER 31, 2012

Grasshopper Energy manages various financial incentive programs for your commercial energy efficiency upgrades project. And here's the best part: it doesn't cost a dime. Our charge is a small percentage of the financial incentive you receive.

Next Step:

Contact us before you begin to qualify: 1.866.908.3150
 
See our brochure on
Toronto Hydro BIP

TORONTO HYDRO BIP ENDS
DECEMBER 31, 2012