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Peak Perks

Q: How much funding can be received?

Peak Perks Funds up to $75 of admissible expenses.

Q: Who is eligible for the Peak Perks program?

To be eligible for the Peak Perks program, you must: Ontario business with 50 or fewer employees on site. Eligible Wi‑Fi smart thermostat installed (controls central A/C or heat pump A/C). Not enrolled in another Ontario thermostat auto-adjust demand response program.

Q: Who can I contact for more information about the Peak Perks?

You can contact Independent Electricity System Operator (IESO).

Q: Where is the Peak Perks available?

The Peak Perks program is available the province of Ontario.

Q: Who are the financial supporters of the Peak Perks?

Peak Perks is funded by Independent Electricity System Operator (IESO)

Last Update: March 4, 2026

Canada

Smart thermostat demand response incentives for Ontario electricity customers

Other Support

Grant and Funding

Independent Electricity System Operator

At a glance

Funding available

Financing goals

Integrate new technologies

Reduce the ecological footprint

Eligible Funding

Maximum amount : 75 $

Timeline

Unspecified

Eligible candidates

Eligible Industries

Utilities
Other services (except public administration)
Public administration

Location

Canada

Legal structures

For-profit business
Sole proprietorship

Annual revenue

All revenue ranges

Organisation size

50 employees maximum

Audience

Canadians

Overview

Peak Perks rewards Ontario electricity customers with eligible Wi-Fi smart thermostats up to $75 for enrolling (plus $20 each year they remain enrolled) to reduce electricity use and support grid reliability during peak demand. Eligible activities include enrolling an approved smart thermostat and allowing brief, time‑limited automatic temperature adjustments (up to 2°C for up to three hours) on hot summer days, with the option to opt out at any time.

Activities funded

Enroll an eligible Wi‑Fi smart thermostat at a home or small business to participate in Peak Perks demand response events (brief temperature adjustments during peak electricity demand).
Reduce electricity use during peak-demand periods by allowing time-limited smart thermostat adjustments to support Ontario’s grid reliability.

Examples of admissible projects:

$ 75

Enroll smart thermostat for peak-demand cooling events and incentives

Eligibility

Be a business in Ontario with 50 or fewer employees on site at any point in time (under the business’s full operating capacity).
Have central air conditioning (or a heat pump that is part of central air conditioning) controlled by an eligible smart thermostat.
Have an eligible Wi‑Fi enabled smart thermostat installed at the business location.
Enroll in the Peak Perks program to allow brief, time-limited automatic smart thermostat adjustments during periods of peak electricity demand.

Who is eligible?

Small businesses in Ontario with 50 or fewer employees on site

Who is not eligible

Businesses with more than 50 employees on site at any point in time (i.e., operating at or above full operating capacity).
Organizations already participating in another Ontario demand response program where the thermostat is automatically adjusted to support electricity grid reliability.
Businesses located in Cornwall, Ontario (connected to the Hydro Quebec electricity grid).

Eligible geographic areas

Ontario (residential electricity customers and small businesses in Ontario).
Excludes Cornwall, Ontario (customers connected to the Hydro Quebec electricity grid are not eligible).

How to apply

Check eligibility

Confirm you are an Ontario electricity customer (excluding Cornwall) or a business with 50 or fewer employees on site
Ensure you have central air conditioning (or a heat pump as part of central air conditioning) controlled by a smart thermostat
Confirm you are not enrolled in another Ontario demand response thermostat adjustment program

Confirm eligible thermostat

Verify you have an eligible Wi‑Fi enabled smart thermostat installed
Check that your thermostat make and model is on the eligible list (e.g., ecobee, Google Nest, Honeywell Home, Emerson, Alarm.com)

Enroll in Peak Perks

Enroll in Peak Perks using your eligible smart thermostat
Complete the online enrollment to claim the $75 virtual prepaid Mastercard® incentive

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.

Apply to this program

Frequently Asked Questions about the Peak Perks Program

Here are answers to the most common questions about the Peak Perks. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.