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Ontario's Energy Minister Promotes Business Conservation Programs

Tuesday, 12 April 2016 06:15

Ontario's Energy Minister was in Woodstock to discuss energy saving measures that could be a big boost for businesses.

Ontario's Energy Minister was in Woodstock to talk about a plan that will benefit business owners.

The 5 point plan will help the business owners in Ontario save money on their energy bills. The points in the plan are as follows:

1) Promote the use of energy managers.
2) Marketing business conservation programs.
3) Enhancing business conservation programs.
4) Working to make bill financing available.
5) Providing long term stable funding for conservation initiatives.

A big part of the plan would be the conservation programs. These programs are created and run by the different utility companies across the province. Minister Bob Chiarelli tells Heart FM about a program he has heard of that helps restaurant owners.

"There's a program to pay the cost of replacement or the cost of financing replacement of refrigeration equipment for example. There are many restaurants accessing that program, and it could save them between $2,000 and $5,000 a year off their electricity bill."

Thanks to another one of these programs, the city of Barrie is now saving $2 million a year through a program that changed all of their street lights to LED lights.

Chiarelli adds the utility companies are responsible for the programs in their jurisdiction.

"They get paid for the conservation that they implement and they get paid by the system. For every dollar they invest in conservation there are two dollars in savings that comes into the system."

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