TORONTO HYDRO 2014 CORPORATE RESPONSIBILITY REPORT 29 INTRODUCTION MATERIALITY AND STAKEHOLDER ENGAGEMENT OUR WORKFORCE SUSTAINABLE BUSINESS AND OPERATIONS OUR ENVIRONMENTAL FOOTPRINT SUPPORTING OUR COMMUNITY GOVERNANCE AND ETHICS PROGRAM PROGRAM INVESTMENT MW SAVINGS MWH SAVINGS BUSINESS $34,902,199 33.4 161,765.7 EQUIPMENT REPLACEMENT INCENTIVE INITIATIVE (ERII) — Offered incentives to business customers to encourage investment in more energy-efficient equipment. $27,229,563 18.1 109,578.9 DIRECT INSTALL LIGHTING — Offered up to $1,500 for the installation of eligible lighting and water heating measures in commercial, institutional, agricultural and multi-family buildings. $4,105,187 2.0 9,963.3 EXISTING BUILDING COMMISSIONING INCENTIVE — Offered incentives for optimizing existing chilled water systems for space cooling in non-residential facilities. $619,406 0.1 203.7 NEW CONSTRUCTION AND MAJOR RENOVATION INCENTIVE (HIGH PERFORMANCE NEW CONSTRUCTION) — Encouraged commercial, institutional, and industrial builders (including multi-family buildings and agricultural facilities) to design and construct new buildings with $290,571 0.6 2,001.2 more energy-efficient equipment. ENERGY AUDIT — Offered incentives to owners and lessees of commercial, institutional, multi-family buildings and agricultural facilities to undertake energy audit assessments. $1,657,471 1.0 5,440.8 INDUSTRIAL $847,894 20.4 4,610.7 PROCESS AND SYSTEM UPGRADES INITIATIVE — Offered capital and incentives to assist with CDM investment in large, complex and capital-intensive projects, and increased $432,211 — — customer capability to implement energy management and system optimization projects. MONITORING AND TARGETING (M&T) — Offered customers funding for the installation of M&T systems to help understand how their energy consumption might be reduced. $201,134 — — ENERGY MANAGER — Provided customers with funding to engage an onsite, full-time embedded energy manager or an offsite roving energy manager to help monitor customer performance, lead awareness programs and identify opportunities for energy consumption improvement. $83,931 0.7 3,846.8 DEMAND RESPONSE 3 (DR3) — Drafted contractual obligations with customers to reduce electricity use relative to a baseline when called upon to do so by the IESO. Customers were paid to be on standby and paid for the actual demand reduction provided during an event. $130,619 19.7 763.9 TOTAL $47,768,086 65.8 185,645.4 Notes for above table: 1. The program investment excludes participant incentives for Residential programs (other than peaksaver) and DR 3 initiatives as the IESO paid the participants directly. 2. Capability funding is excluded. 3. The reported savings are preliminary and subject to verification by the IESO. Verified results will be issued in September 2015 after an independent, third party evaluation. The methodology for calculations are common to all local distribution companies in Ontario. 4. The savings for Business programs include non-incented projects (9.7 MW) and adjustments to previous year’s results (2.0 MW). 5. All program funding is provided by IESO. Any cost figures are for Toronto Hydro only and do not include the cost of the IESO to administer the program.
Toronto Hydro 2014 CR Report_FINAL
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