Incentives to evaluate your building's energy performance
If you can't measure it, you can't manage it. Understand how your energy is being used.
The Audit Funding Program - evaluate today's energy use – and identify tomorrow's opportunities.
Incentives to help you spot energy-saving opportunities
You're already doing a good job managing and maintaining your high performing building. Even though your building is running well, these Audit Funding incentives could help you achieve even greater efficiencies while reaching or even exceeding your business goals
What is an energy audit?
An energy audit is the first step in fully understanding how energy is being used in your building. Only then can you begin to reduce operating costs and improve the performance of your building.
Business customers are eligible for incentives to complete energy audits assessing the potential for energy savings to be achieved through equipment replacement, operational practices, or participation in Demand Response initiatives and other building systems and envelopes projects.
Participate and save
A comprehensive evaluation of your building's energy performance will determine opportunities for improvement. These options for maximizing energy savings will form the basis of an action plan.
The Audit Funding incentive is intended to cover up to 50 per cent of the cost of an energy audit, based on requirements that take into account the size and complexity of the buildings. We will work together to identify the best and most sustainable energy management program for your business.
What audit incentives are available?
Participant incentives for this initiative are as follows.
For eligible building owners:
Electricity Survey and Analysis
Up to $25,000 in incentives - now available
Conducting this survey and analysis is your first step. This financial analysis, or life cycle analysis, provides you with the data you need to fully consider the financial benefits of installing a variety of energy-efficient measures.
For buildings up to 30,000 square feet:
The incentive is $0.10 per square foot up to a maximum of 50 per cent of Electricity Survey and Analysis costs, whichever is less.
For buildings larger than 30,000 square feet:
The incentive is $3,000 for the first 30,000 square feet and $0.05 per square foot for each incremental square foot up to a maximum of 50 per cent of Electricity Survey and Analysis costs or up to $25,000, whichever is less.
Detailed Analysis of Capital Intensive Modifications – eligibility is for buildings with greater than 50,000 square feet
An additional $10,000 in incentives - now available
After the Electricity Survey and Analysis has been completed, this is your next step. Here the focus is on potential capital-intensive projects identified during the Electricity Survey and Analysis. Detailed field data combines with a more rigorous engineering analysis to provide detailed project cost and savings calculations (sufficient for major capital investment decisions).
The incentive is $ 0.05 per square foot up to a maximum of 50 per cent of Detailed Analysis of Capital Intensive Modifications costs or up to an additional $10,000, whichever is less.
Electricity Survey and Analysis for eligible tenants:
Up to $7,500 in Incentives now available. Here the incentive pays for audits of lighting, office equipment and plug loads.
The incentive is $0.03 per square foot up to a maximum of 50 per cent of the Electricity Survey and Analysis for an eligible tenant costs or up to $7,500, whichever is less.
Assume the following:
||3rd party contributions
||Travel Expenses (Auditor)
||Estimated Incremental Incentive based on square footage
||10,000 * $0.03 = $300
||30,000 * $0.03 = $900
||50,000 * $0.03 = $1,500
||To calculate Maximum Participant Incentive follow steps 3.a to 3.c
||Multiply the estimated Audit cost by 50%
||Minus any Third party contributions
||Take the lesser of 3.b or $7,500
||To calculate the Estimated Incentive Amount, take the lesser of 2 or 3.c
||Add Eligible Travel Expenses (50% of Energy Auditor Travel costs up to $1000)
||Total Electricity Survey and Analysis (Add Line amounts 6 and 7) excluding applicable taxes
Selecting an auditor
You need the assurance of knowing that your company's energy audit is in good hands. The Audit Funding Program was designed to ensure qualified, experienced auditors are used to help you identify how your business currently uses energy. It also helps you identify how you can save on operating costs while maintaining utmost performance in the future.
The energy audits must be completed by a third party with the following qualifications:
A professional engineer (PEng.), a certified engineering technologist (CET), a certified energy manager or a certified measurement and verification professional, who has at least three years of relevant experience evaluating energy systems in building or
An engineer-in-training under the supervision of a PEng. or CET only if a qualified and experienced person as described above certifies and signs the Audit Report.
Interested in learning more? Contact Horizon Utilities to find out more about the available incentives and how to apply. Call for further details: 1-866-458-1236 ext. 2212.