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OngoingOntarioOther incentives

Save on Energy XLerate

IESO (Save on Energy)

Up to $15M

$300/MWh up to 75% of eligible project costs, maximum $15 million per project; feasibility study funding at a 50% cost share

Large-scale energy-efficiency incentive for industrial, municipal, institutional and healthcare projects, replacing the Industrial Energy Efficiency Program.

Open the official page ↗
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Worth a look

How to apply

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Who qualifies

Ontario non-residential facility owners/operators or authorized third parties; project must save at least 600 MWh per year, be completed within five years of the Participant Agreement, and apply before any binding purchase commitment.

CorporationMunicipalityNon-profit

Good to know

  • Funding: Feasibility studies 50% cost-share. Payment requires at least 50% of anticipated savings.
  • Cost share: 75% of eligible costs

Evidence from the official page

  • amount“$300/MWh up to 75% of eligible project costs, with a maximum of $15 million per project.” source ↗

Verified 2026-10-07 · High confidence. Always confirm on the official page before applying.