The IESO’s Save on Energy Industrial Energy Efficiency Program (IEEP) supports customers across Ontario in improving their industrial processes and implementing system optimization projects. The program offers organizations up to $5 million in financial incentives for each large, industrial energy-efficiency project accepted into the program. Eligible projects will deliver electricity savings using proven commercial technologies to lower energy consumption and reduce electricity bills.
The IEEP provides incentives to qualified industrial participants over multiple competitive rounds of funding. In each round, participant applications are ranked on the electricity savings their projects can achieve cost effectively, among other criteria. The organizations with the highest-ranked applications will be eligible to receive funding for their project(s).
Timelines
The latest funding window will remain open until March 2024.
Prospective participants should submit their initial application following the steps outlined in the “How can I apply” section below. The IESO will review each application for eligibility. Following this review, eligible applicants will be invited to submit a detailed proposal with a Measurement and Verification (M&V) Plan by March 29, 2024. The IESO will then notify successful applicants by the end of Q2 2024 and move to form a Participant Agreement.
Participants must be located in Ontario and:
Projects must:
Note: Please refer to the Evaluation Criteria and in the Key Program Documents section.
COVID-19
Learn how Save on Energy is committed to ensuring the safety of our customers and communities.
Having trouble? See our IEEP portal registration guide.
Are you wondering if your project is eligible? The IEEP project team can help you every step of the way. Questions about the program can be sent to IndustrialEEprogram@ieso.ca.
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