Toronto commercial buildings offered $400 for a kilowatt of saved power

An energy services company in Burlington, Ontario called Energy Advantage has been hired by the Building Owners and Manager’s Association of Toronto (BOMA) to evaluate applications for energy saving grants.<br>
BOMA is working with the Ontario Power Authority to reduce electrical demand from Toronto’s commercial buildings by 150 megawatts over the next three years. Energy Advantage has been hired by BOMA to ensure that the measures being proposed by companies applying for grants will achieve their projected energy savings. The energy reductions have to be permanent, says Roman Wasylechko of Energy Management.<br>
The BOMA program offers $400 for every kilowatt of on-peak reduction in power demand. The incentives are capped at 40% of the total project cost. Only commercial projects within the boundaries of the city of Toronto can apply.<br>
For more details of the BOMA program, visit the CDM Program page at www.bomatoronto.org.<br>