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Source verified July 8, 2026
Peak Perks
Peak demand rewards for Ontario smart thermostats
Latest source updateLast Update: July 7, 2026Latest change: Changed: contact or portal details, application process, scope and target audience.View change
Latest source update
Last Update: July 7, 2026
Latest change: Changed: contact or portal details, application process, scope and target audience.
Grant changed: contact or portal details, application process
We detected changes to contact or portal details, application process, scope and target audience, eligibility, funding terms, timeline and deadlines.
Funding available
$ 20 - $ 75
Deadline
Open continuously
Location
Ontario, Canada
Overview
Peak Perks offers Ontario residential electricity customers a $75 incentive for enrolling an eligible smart thermostat to help reduce peak electricity demand. Participants allow brief summer thermostat adjustments during high-demand weekday periods and may receive $20 annual incentives if they remain enrolled.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Reduce environmental footprint
Eligible Funding
- Maximum amount : 75 $
- Minimum amount : 20 $
Eligible candidates
Eligible Industries
- All industries
Location
- Ontario
Legal structures
- For-profit business
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- 50 employees maximum
Audience
- Canadians
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Enroll an eligible smart thermostat in Peak Perks.
- Participate in brief thermostat adjustment events during peak electricity demand.
- Reduce electricity use during summer peak periods.
Official resources
Eligibility
Who is eligible?
- Individuals aged at least 18.
- Residential electricity customers in Ontario who live in a single-family residence connected through a local electricity distributor to the IESO-controlled grid, excluding Cornwall Electricity customers.
- The account holder for the eligible smart thermostat installed in the residence.
- Renters may apply if they control the eligible smart thermostat and the residence meets program eligibility requirements.
Who is not eligible
- Customers served by Cornwall Electricity in Cornwall, Ontario.
- Residents of multi-unit residential buildings.
- Applicants who are enrolled or committed to another Ontario demand response program for the same calendar years.
- Applicants who have already received a participant incentive for the same smart thermostat in the same calendar year.
How to apply
- Step 1: Visit the Peak Perks enrollment page
- Go to the program enrollment page and answer the setup questions.
- Select your thermostat provider.
- Step 2: Apply through your thermostat channel
- Enroll through your thermostat provider’s mobile app or directly on your thermostat if available.
- Step 3: Await enrollment status
- Check the email address used in your account registration for your enrollment status.
- Step 4: Confirm eligibility and start participation
- Once eligibility is confirmed, you will be enrolled in the program.
Processing and Agreement
- Applications are reviewed by the Independent Electricity System Operator (IESO).
- Applicants receive written notice of acceptance or rejection.
- Eligibility decisions are final and binding.
- Participants must comply with the program terms to remain enrolled.
Additional information
- Participants receive a $75 virtual prepaid Mastercard® when they enroll, and a $20 virtual prepaid Mastercard® each year they remain enrolled.
- Participants are notified before every thermostat adjustment and can opt out at any time by changing the temperature manually or in their provider’s mobile app.
- Enercare or Reliance customers may be eligible for extra enrollment incentives through matching offer programs.
- Additional smart thermostat makes and models may be added in 2025; applicants are encouraged to check back for updates.
Contacts
Frequently Asked Questions about the Peak Perks Program
What is the Peak Perks?
Peak Perks offers Ontario residential electricity customers a $75 incentive for enrolling an eligible smart thermostat to help reduce peak electricity demand. Participants allow brief summer thermostat adjustments during high-demand weekday periods and may receive $20 annual incentives if they remain enrolled.
How much funding can be received?
Peak Perks Funds up to $75 of admissible expenses.
Who is eligible for the Peak Perks program?
To be eligible for the Peak Perks program, you must:
Be an individual aged at least 18 and a residential electricity customer in Ontario living in an eligible single-family residence.
Be the account holder for an eligible smart thermostat that controls a central air conditioner and is permanently connected to Wi-Fi.
Not be in another Ontario demand response program for the same calendar years or have already received a participant incentive for the same thermostat in the same calendar year.
What expenses are eligible under Peak Perks?
Enroll an eligible smart thermostat in Peak Perks.
Participate in brief thermostat adjustment events during peak electricity demand.
Reduce electricity use during summer peak periods.
Who can I contact for more information about the Peak Perks?
You can contact Independent Electricity System Operator (IESO) by email at info@peakperks.ca or by phone at 8777937375.
Where is the Peak Perks available?
The Peak Perks program is available the province of Ontario.
Who are the financial supporters of the Peak Perks?
Peak Perks is funded by Independent Electricity System Operator (IESO), Save on Energy (SOE)