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% of the cost of an energy
audit, based on requirements that take into account the size and complexity of the buildings.
To learn more about the Audit Funding program, please contact us
at 416-542-3388 or cdm@torontohydro.com.
What audit incentives are available?
Participant incentives for this initiative are as follows:
For Eligible Building Owners:
1. 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 sq. ft.:
The Incentive is $0.10 per sq. ft. up to a maximum of 50% of Electricity Survey and
Analysis costs or up to $25,000, whichever is less.
For buildings LARGER THAN 30,000 sq. ft.:
The Incentive is $3,000 for the first 30,000 square feet and $0.05 per sq. ft. for each
incremental sq. ft. up to a maximum of 50% of Electricity Survey and Analysis costs
or up to $25,000, whichever is less.
2. Detailed Analysis of Capital Intensive Modifications –
eligibility is for buildings with greater than 50,000 square feet.
Up to $35,000 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 and
modelling to provide detailed project cost and savings calculations (sufficient for major capital investment decisions).
The incentive is $ 0.05 per sq. ft. up to a maximum of 50% of Detailed Analysis of
Capital Intensive Modifications costs or up to $35,000, whichever is less.
For Eligible Tenants:
Electricity Survey and Analysis – eligibility is for buildings with less than 50,000 sq ft.
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 were
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.
Benefits of 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 projects, operational practices, or participation in Demand Response initiatives and other building systems and envelopes..
The AUDIT FUNDING incentive is intended to cover up to 50% of the cost of an energy audit, based on requirements that take into account the size and complexity of the buildings.
To learn more about the Audit Funding program, please contact us at
416-542-3388 or cdm@torontohydro.com.