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Peak Perks

Get rewarded for using energy wisely this summer.

Receive a $75 virtual prepaid Mastercard® when you enroll in Peak Perks™. Also receive a $20 virtual prepaid Mastercard® each additional year you stay enrolled in the program.*

Take control of your home comfort and energy savings with Save on Energy’s Peak Perks program. You’ll be rewarded for reducing your energy use when demand for electricity in Ontario is high this summer.

Enroll today Program participants who enrolled by September 30, 2023, will receive their $20 incentive for continued enrollment in 2024. Those who enroll after that date will receive their $20 incentive for continued enrollment in 2025.

How Peak Perks works

Participants in Peak Perks save with their smart thermostats by participating in brief, time-limited thermostat adjustments during periods of peak electricity demand that can occur on the hottest summer days.

  • Peak Perks events will occur only on weekdays for up to three hours during periods of peak demand for electricity. Events will not take place on weekends or holidays.
  • Events can occur up to 10 times between June and September.
  • During an event, your thermostat will be automatically adjusted no more than two degrees Celsius to reduce your home’s energy consumption.
  • Prior to an event, your thermostat may be adjusted down slightly to pre-cool your home so that you remain comfortable while an event is taking place.
  • You are always in control – you will be notified when an event occurs and can opt out at any time during an event from your thermostat provider’s mobile app, or by simply adjusting your smart thermostat back to your desired comfort level.
  • Once an event ends, your thermostat will return to its original temperature setting.
woman going down the stairs with a smart thermostat

Did you know?

From increasing your home comfort level to making life more convenient, smart thermostats help you control your home’s temperature so you can reduce your energy consumption and save on cooling and heating costs all year round.

Read more

Benefits to participating in Peak Perks

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Get financial rewards for participating in Peak Perks this summer – and for each additional year you participate
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Take advantage of this simple and easy way to manage your electricity consumption at home
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Help your community and the province by reducing stress on the grid on hot days
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Support a brighter Ontario by contributing to a reliable, affordable and sustainable grid

Am I eligible?

To be eligible to participate in Peak Perks, you must:

  1. Be a residential electricity customer in Ontario* with central air conditioning that is controlled by your smart thermostat. Heat pumps that are part of central air conditioning are also eligible.
  2. Have an eligible Wi-Fi enabled smart thermostat installed in your home.
  3. Not be participating in another residential demand response program in Ontario where your thermostat is automatically adjusted to help maintain reliability of the electricity grid.

* Electricity customers who reside in Cornwall, Ontario are connected to the Hydro Quebec electricity grid and therefore are not eligible to participate in Peak Perks.

For more information about the program, please review the program requirements, visit our frequently asked questions page, or email us at info@peakperks.ca.

Don’t have a smart thermostat?

  • If you’re an Enbridge customer, you can take advantage of Enbridge’s $75 instant discount toward the purchase of a new smart thermostat, or you can apply for a bill credit after your purchase.
  • You may also qualify for a free smart thermostat as part of Save on Energy's Energy Affordability Program.
  • Residents in York Region, Ottawa and the Richview South area of Toronto (west and central Toronto and parts of south Etobicoke) may be eligible for a free air conditioner tune-up and a $75 incentive for a smart thermostat through the Save on Energy CoolSaver program.
  • Check with your local electric utility for any rebates that may be available or watch for any deals offered by smart thermostat manufacturers.

And there's more!

Eligible Enercare customers who enroll in Peak Perks can receive an additional $75 when they participate in Enercare's Matching Program. Please visit Enercare’s website for eligibility requirements.

father watching son set smart thermostat

More ways to save at home

Whatever type of home you live in, Save on Energy gives you many ways to save energy. Visit our For Your Home section for tips, advice and program information to help you manage your electricity use all year round.

Privacy Notice. Personal information collected by the IESO in connection with the Save on Energy Peak Perks Program (the “Program”) is collected under the authority of the Electricity Act, 1998 and the Ontario Energy Board Act, 1998 (as amended) and will be used to administer the Program, confirm your eligibility to participate in the Program, communicate with you, evaluate the impact of the Program and develop and implement other energy efficiency and conservation and demand management programs in Ontario. In addition, under the same legal authority we will collect limited personal information about your thermostat and your participation in the Program from your smart thermostat vendor. This information will be used for the same purposes. Questions about these collections should be directed to the IESO’s Privacy Officer, 120 Adelaide Street West, Suite 1600, Toronto, ON M5H 1T1, 416-969-6277, privacy@ieso.ca.