Electricity retrofit incentive Program
Retrofitting an existing facility with newer equipment is natural business practice. Technological improvements often make the newer equipment more efficient and effective than the ones you are replacing. For electricity driven equipment this is almost certainly the case. Erie Thames Powerlines appreciates that when your business is making choices between different equipment options the desired choice is for the most efficient solution, but for financing reason or timing reasons other choices may be made. The Electricity Retrofit Incentive Program (ERIP) would like to influence the decision in favour of the most electricity efficient ones. ERIP focuses on the areas of lighting, motors, heating ventilation and air conditioning and overall electricity systems. These areas cover the majority of and most important electricity upgrades businesses engage in. Everyone can help reduce energy consumption in Ontario. Through this program, your business can contribute to a cleaner environment and benefit from incentives and lowered operating costs.
Project Classification and Incentives
Prescriptive ProjectsPrescriptive projects have predefined technologies with corresponding per-unit or performance-basis savings measures. These projects will tend to involve replacements and upgrades to existing systems. The incentive is based on what is installed. Custom ProjectsCustom projects are for businesses using a more specific solution to electricity efficiency retrofitting. For these projects, all technology equipment and systems are evaluated on the basis of their power and energy performance improvement. The incentive offered is based specifically on the level of improvement. The incentives are based on the results of calculations from each Projects's specific worksheet.
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